About Sierra Atlantic
Sierra Atlantic is a company based in Newark (United States) founded in 1993 by Yeshwanth Reddy was acquired by Hitachi Consulting in December 2010. Sierra Atlantic has raised $17.4 million across 1 funding round from investors including Hitachi Digital Services, Walden International and NEA. The company has 139 employees as of December 31, 2011. Sierra Atlantic has completed 2 acquisitions, including Sceptre and Sceptre Database Consultants. Sierra Atlantic operates in a competitive market with competitors including AKQA, Hancom, AlmavivA, Hedgehog lab and Waracle, among others.
- Headquarter Newark, United States
- Employees 139 as on 31 Dec, 2011
- Founders Yeshwanth Reddy
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Sierra Atlantic, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$17.4 M (USD)
in 1 rounds
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Latest Funding Round
$17.4 M (USD), Series A
Jan 18, 2000
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Investors
Hitachi Digital Services
& 3 more
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Employee Count
139
as on Dec 31, 2011
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Investments & Acquisitions
Sceptre
& 1 more
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Acquired by
Hitachi Consulting
(Dec 31, 2010)
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Funding Insights of Sierra Atlantic
Sierra Atlantic has successfully raised a total of $17.4M through 1 strategic funding round. The most recent funding activity was a Series A round of $17.4 million completed in January 2000. 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 1
- Last Round Series A — $17.4M
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First Round
First Round
(18 Jan 2000)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2000 | Amount | Series A - Sierra Atlantic | Valuation |
investors |
Investors in Sierra Atlantic
Sierra Atlantic has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Hitachi Digital Services, Walden International and NEA.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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VC firm investing globally in early & expansion stage companies
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Founded Year | Domain | Location | |
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Venture capital investments are offered to startups by NEA.
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Founded Year | Domain | Location | |
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Venture capital investment fund
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Founded Year | Domain | Location |
Investments & Acquisitions by Sierra Atlantic
Sierra Atlantic has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Sceptre and Sceptre Database Consultants.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Oracle database implementation and support consulting are provided.
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1998 | ||||
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Sceptre Inc. is engaged in manufacturing consumer electronics.
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0 |
Financial Statements - Sierra Atlantic
Sierra Atlantic Comparisons
Competitors of Sierra Atlantic
Sierra Atlantic 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 AKQA, Hancom, AlmavivA, Hedgehog lab and Waracle, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Integrated digital marketing campaigns are developed and executed across channels.
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| domain | founded_year | HQ Location |
Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions.
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| domain | founded_year | HQ Location |
IT services suite solutions are provided globally by AlmavivA.
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| domain | founded_year | HQ Location |
Mobile application development and UX design services are provided.
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| domain | founded_year | HQ Location |
Mobile apps and IoT solutions are developed across platforms.
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Frequently Asked Questions about Sierra Atlantic
Sierra Atlantic was founded in 1993 and raised its 1st funding round 7 years after it was founded.
Sierra Atlantic is headquartered in Newark, United States. It is registered at Newark, New Jersey, United States.
Sierra Atlantic is a funded company, having raised a total of $17.4M across 1 funding round to date. The company's 1st funding round was a Series A of $17.4M, raised on Jan 18, 2000.
As of Dec 31, 2011, the latest employee count at Sierra Atlantic is 139.
Sierra Atlantic was founded in 1993 and is based in Newark, United States. IT consulting and offshore enterprise application development services are offered, along with product engineering and support for implementation, integration, upgrades, testing, and maintenance. Specialization occurs in offshoring enterprise applications and outsourced product development, focusing on CRM, SCM, and ERP systems. Operations emphasize global IT service delivery.
Sierra Atlantic's top competitors include Hedgehog lab, AlmavivA and AKQA.
Sierra Atlantic has made 2 acquisitions, including Sceptre, and Sceptre Database Consultants.
Sierra Atlantic has 4 investors. Key investors include Hitachi Digital Services, Walden International, NEA, and GE Equity.