About Rocket Software
Rocket Software is a company based in Waltham (United States) founded in 1990.. Rocket Software has raised $188.82 million across 5 funding rounds from investors including D. E. Shaw Group, Prospect Street and Court Square. The company has 412 employees as of March 28, 2024. Rocket Software has completed 14 acquisitions, including ASG Technologies, Aldon and Arkivio. Rocket Software operates in a competitive market with competitors including IBM, Hewlett Packard Enterprise, Datadog, Oracle and Harness, among others.
- Headquarter Waltham, United States
- Employees 412 as on 28 Mar, 2024
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Rocket Software Development India Private Limited
- Date of Incorporation 17 May, 2017
- Jurisdiction Bangaluru, Karnataka, India
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Annual Revenue
$20.3 M (USD)25.07as on Mar 31, 2023
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Net Profit
$2.27 M (USD)23.22as on Mar 31, 2023
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EBITDA
$3.17 M (USD)4.76as on Mar 31, 2023
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Total Equity Funding
$188.82 M (USD)
in 5 rounds
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Latest Funding Round
$5 M (USD), Debt – Venture
Mar 06, 2013
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Investors
D. E. Shaw Group
& 2 more
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Employee Count
412
as on Mar 28, 2024
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Investments & Acquisitions
ASG Technologies
& 13 more
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Software Development Team
32 people
Leadership Team
18 people
Sales and Marketing
9 people
Creative and Marketing Team
6 people
Senior Team
4 people
Product Management Team
3 people
Human Resources and Administration
3 people
Finance and Accounting
2 people
Unlock access to complete
Funding Insights of Rocket Software
Rocket Software has successfully raised a total of $188.82M across 5 strategic funding rounds. The most recent funding activity was a Debt – Venture round of $5 million completed in March 2013. 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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Debt – Venture — $5.0M
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First Round
First Round
(12 Feb 2008)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2013 | Amount | Debt – Venture - Rocket Software | Valuation |
investors |
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| Feb, 2012 | Amount | Debt – Venture - Rocket Software | Valuation |
investors |
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| Oct, 2009 | Amount | Private Equity Round - Rocket Software | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Rocket Software
Rocket Software has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include D. E. Shaw Group, Prospect Street and Court Square. 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.
| Investor | Description | Founded Year | Domain | Location |
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Private equity and debt are provided across multiple sectors.
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Founded Year | Domain | Location | |
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Private equity buyouts are conducted in North American middle-market firms.
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Founded Year | Domain | Location | |
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Multinational investment management services are provided globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Rocket Software
Rocket Software has strategically engaged in corporate development activities, having acquired 14 companies. Notable acquisitions include ASG Technologies, Aldon and Arkivio. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cloud infrastructure and management platforms are offered by Zumasys.
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2010 | ||||
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Supply chain integration services are provided for automotive industries.
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2007 | ||||
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Provider of data storage management solutions
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2000 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Rocket Software
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Rocket Software Comparisons
Competitors of Rocket Software
Rocket Software 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 IBM, Hewlett Packard Enterprise, Datadog, Oracle and Harness, 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 |
Hybrid cloud and DevOps automation are delivered to enterprises.
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| domain | founded_year | HQ Location |
HPC solutions are delivered via supercomputers and storage systems.
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| domain | founded_year | HQ Location |
Cloud and application performance management platform is provided.
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| domain | founded_year | HQ Location |
Hybrid cloud infrastructure solutions are delivered for business management.
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| domain | founded_year | HQ Location |
Automatic builds, testing, and deployments are managed via self-service platform.
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| domain | founded_year | HQ Location |
Cloud-based software is provided for continuous integration and delivery management.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Rocket Software
Frequently Asked Questions about Rocket Software
When was Rocket Software founded?
Rocket Software was founded in 1990 and raised its 1st funding round 18 years after it was founded.
Where is Rocket Software located?
Rocket Software is headquartered in Waltham, United States. It is registered at Waltham, Massachusetts, United States.
Is Rocket Software a funded company?
Rocket Software is a funded company, having raised a total of $188.82M across 5 funding rounds to date. The company's 1st funding round was a Private Equity Round of $91.91M, raised on Feb 12, 2008.
How many employees does Rocket Software have?
As of Mar 28, 2024, the latest employee count at Rocket Software is 412.
What is the annual revenue of Rocket Software?
Annual revenue of Rocket Software is $20.3M as on Mar 31, 2023.
What does Rocket Software do?
Rocket Software was founded in 1990 and is based in Waltham, United States. Operations center on the software sector, where continuous integration and delivery of applications are streamlined via a dedicated platform. Hybrid cloud capabilities enable connections between applications, workflows, and data across various environments. Features encompass workflow automation, reporting tools, data protection, archiving, backup, data migration, dashboards, and change management.
Who are the top competitors of Rocket Software?
How many acquisitions has Rocket Software made?
Rocket Software has made 14 acquisitions, including ASG Technologies, Aldon, and Arkivio.
Who are Rocket Software's investors?
Rocket Software has 3 investors. Key investors include D. E. Shaw Group, Prospect Street, and Court Square.
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