New Era Technology

Livonia, United States Founded: 1999 • Age: 27 yrs Acquired By Comstar
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About New Era Technology

New Era Technology is a company based in Livonia (United States) founded in 1999 was acquired by Comstar in October 2021. It operates as a Managed Services, and Professional Services. New Era Technology offers products and services including Cloud Services, Managed Services, Cybersecurity, Physical Security & Life Safety, and Artificial Intelligence. New Era Technology operates in a competitive market with competitors including UST, Breed Reply, NTT DATA, Globant and 1&1 IONOS, among others.

  • Headquarter Livonia, United States
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Enterprise IT Services & Distribution
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Comstar

    (Oct 12, 2021)

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Products & Services of New Era Technology

New Era Technology offers a comprehensive portfolio of products and services, including Cloud Services, Managed Services, Cybersecurity, Physical Security & Life Safety, and Artificial Intelligence. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Cloud solutions are provided for digital infrastructure needs.

Managed services are offered for ongoing IT support.

Cybersecurity services are delivered for digital asset protection.

Physical security solutions are provided for infrastructure safety.

AI solutions are developed for innovative business applications.

Funding Insights of New Era Technology

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in New Era Technology

New Era Technology has secured backing from 1 investor. Prominent investors backing the company include Comstar. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Managed IT services provider
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by New Era Technology

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - New Era Technology

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

New Era Technology Comparisons

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Competitors of New Era Technology

New Era Technology operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UST, Breed Reply, NTT DATA, Globant and 1&1 IONOS, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
High-quality office furniture is provided by UST for various needs.
domain founded_year HQ Location
AI, cloud, and blockchain services are provided globally.
domain founded_year HQ Location
Application development, cloud, cybersecurity, and business intelligence services are provided.
domain founded_year HQ Location
IT and digital transformation services are delivered to various industries.
domain founded_year HQ Location
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
domain founded_year HQ Location
Provider of end-to-end business process outsourcing services
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on New Era Technology

Frequently Asked Questions about New Era Technology

When was New Era Technology founded?

New Era Technology was founded in 1999.

Where is New Era Technology located?

New Era Technology is headquartered in Livonia, United States. It is registered at Livonia, Michigan, United States.

Who is the current CEO of New Era Technology?

Steve Futrell is the current CEO of New Era Technology.

What does New Era Technology do?

New Era Technology is involved in delivering comprehensive technology solutions, including cloud services, managed services, and cybersecurity. The company serves various industries such as healthcare, education, government, and retail. Solutions like collaboration tools, data networking, digital transformation, and physical security are offered to over 20,000 customers worldwide. Operations span across regions including the Americas, EMEA, and APAC, focusing on adapting businesses to a rapidly changing digital landscape.

Who are the top competitors of New Era Technology?

New Era Technology's top competitors include 1&1 IONOS, Mindtree and Genpact.

What products or services does New Era Technology offer?

New Era Technology offers Cloud Services, Managed Services, Cybersecurity, Physical Security & Life Safety, and Artificial Intelligence.

Who are New Era Technology's investors?

New Era Technology has 1 investor. Key investors include Comstar.

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