About Open Plug
Open Plug is a company based in Illinois City (United States) founded in 2002 was acquired by Alcatel-Lucent in September 2010. Open Plug has raised $29.8 million across 2 funding rounds from investors including Siparex, Alcatel-Lucent and I Source VC. Open Plug operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
- Headquarter Illinois City, United States
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Sectors
Technology
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$29.8 M (USD)
in 2 rounds
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Latest Funding Round
$15 M (USD), Series B
Oct 03, 2006
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Investors
Siparex
& 4 more
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Employee Count
Not available
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Acquired by
Alcatel-Lucent
(Sep 01, 2010)
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Funding Insights of Open Plug
Open Plug has successfully raised a total of $29.8M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $15 million completed in October 2006. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Open Plug
Open Plug has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Siparex, Alcatel-Lucent and I Source VC.
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Private equity investments are focused on growth stage companies.
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Venture capital investments are made by Auriga Partners in France.
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Investor details for Open Plug
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Investments & Acquisitions by Open Plug
Investment portfolio details for Open Plug
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Financial Statements - Open Plug
Detailed financials for Open Plug
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Open Plug Comparisons
Peer comparison for Open Plug
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Competitors of Open Plug
Open Plug 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, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
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High-quality office furniture is provided by UST for various needs.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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AI, cloud, and blockchain services are provided globally.
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IT and digital transformation services are delivered to various industries.
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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Provider of end-to-end business process outsourcing services
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Detailed competitors of Open Plug
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Latest news on Open Plug
Complete news archive for Open Plug
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Frequently Asked Questions about Open Plug
Open Plug was founded in 2002 and raised its 1st funding round 4 years after it was founded.
Open Plug is headquartered in Illinois City, United States. It is registered at Illinois City, Illinois, United States.
Open Plug is a funded company, having raised a total of $29.8M across 2 funding rounds to date.
Open Plug was established in 2002 in Illinois City, United States, within the information technology sector. Operations focus on delivering DevOps solutions, data analytics, cloud computing, web development, and custom software services. The company supports various clients through its domain at openplug.com, emphasizing practical IT infrastructure and application needs across domestic markets.
Open Plug's top competitors include Happiest Minds, 1&1 IONOS and Genpact.
Open Plug has 5 investors. Key investors include Siparex, Alcatel-Lucent, I Source VC, BayTech Venture Capital, and Auriga Partners.