Parkside

Graz, Austria Founded: 2007 • Age: 19 yrs Acquired By Ascent
Provider of custom software development, UX designing, consulting, and other services
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About Parkside

Parkside is a company based in Graz (Austria) founded in 2007 by Ammar Aganovic, Wolfgang Lierzer, Michael Beglinger, and Syrous Abtine was acquired by Ascent in June 2024.. The company has 83 employees as of December 31, 2024. Parkside offers products and services including Data Engineering Services, Software Engineering Services, and Cloud Solutions. Parkside operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.

  • Headquarter Graz, Austria
  • Employees 83 as on 31 Dec, 2024
  • Founders Ammar Aganovic, Wolfgang Lierzer, Michael Beglinger, Syrous Abtine
  • 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
    83

    as on Dec 31, 2024

  • Acquired by
    Ascent

    (Jun 14, 2024)

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Products & Services of Parkside

Parkside offers a comprehensive portfolio of products and services, including Data Engineering Services, Software Engineering Services, and Cloud Solutions. 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

Offers data processing and visualization for business insights

Provides app development and integration for digital solutions

Delivers cloud migration and optimization for scalable operations

Funding Insights of Parkside

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

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Investors in Parkside

Parkside has secured backing from 1 investor. Prominent investors backing the company include Ascent. 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
Software development and cloud services are provided by Ascent.
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 Parkside

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 - Parkside

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

Parkside Comparisons

Employees
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Competitors of Parkside

Parkside 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. 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
Application development, cloud, cybersecurity, and business intelligence services are provided.
domain founded_year HQ Location
AI, cloud, and blockchain services are provided globally.
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 Parkside

Frequently Asked Questions about Parkside

When was Parkside founded?

Parkside was founded in 2007.

Where is Parkside located?

Parkside is headquartered in Graz, Austria. It is registered at Graz, Styria, Austria.

How many employees does Parkside have?

As of Dec 31, 2024, the latest employee count at Parkside is 83.

What does Parkside do?

Parkside provider of custom software development, ux designing, consulting, and other services through providing business support, providing IT services, and suite. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.

Who are the top competitors of Parkside?

Parkside's top competitors include Happiest Minds, 1&1 IONOS and Genpact.

What products or services does Parkside offer?

Parkside offers Data Engineering Services, Software Engineering Services, and Cloud Solutions.

Who are Parkside's investors?

Parkside has 1 investor. Key investors include Ascent.

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