Sierra Atlantic

Newark, United States Founded: 1993 • Age: 33 yrs Acquired By Hitachi Consulting
Offshore enterprise application development and IT consulting services are provided.

About Sierra Atlantic

Sierra Atlantic is a Technology company based in Newark (United States) founded in 1993 by Yeshwanth Reddy, and was acquired by Hitachi Consulting in December 2010. Offshore enterprise application development and IT consulting services are provided. 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. Sierra Atlantic has completed 2 acquisitions, including Sceptre and Sceptre Database Consultants. Its focus areas include Business Services, IT Services, Application Development and Horizontal. Its legal entity is SIERRA ATLANTIC, INC.

Company details

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.

Operational Areas
Key Metrics

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 $17.4M
  • Total Rounds 1
  • Last Round Series A β€” $17.4M
  • First Round $17.4M

    (Jan 2000)

  • Investors Count 3

All 1 funding rounds of Sierra Atlantic with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2000$17.4MSeries A––
Valuation history

4 investors in total: 4 institutional.

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.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
VC firm investing globally in early & expansion stage companies
waldenintl.comSan Francisco, United States
Venture capital investments are offered to startups by NEA.
nea.comMenlo Park, United States
Venture capital investment fund
geequity.comNew York, United States
Digital transformation and IT services for mission-critical platforms are provided.
2000hitachiconsulting.comDallas, United States
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Investor details for Sierra Atlantic

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People of Sierra Atlantic

1 people are tracked at Sierra Atlantic (1 in leadership); the tracked headcount is 139.

NameRoleGroup
Yeshwanth Reddy
Co-FounderLeadership
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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.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Sceptre Inc. is engaged in manufacturing consumer electronics.
sceptre.comof Industry, United States0Mar 2013β€’β€’β€’β€’
Oracle database implementation and support consulting are provided.
sceptredb.comCheshire, United States1998Jan 2005β€’β€’β€’β€’
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Timeline of Sierra Atlantic

5 dated milestones of Sierra Atlantic across 20 years, from founding to its latest funding, stage changes and deals.

  1. Founded Sierra Atlantic is founded.
  2. Funding First funding round of $17.4M.
  3. Acquisition Acquires Sceptre Database Consultants.
  4. Exit Acquired by Hitachi Consulting.
  5. Acquisition Acquires Sceptre.

Web traffic of Sierra Atlantic

Websites that share an audience with Sierra Atlantic (sierraatlantic.com).

Similar websites

Websites whose visitors overlap most with Sierra Atlantic. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
e2e.ch
100%
View details
propylon.com
100%
2.5K#6,831,671View details
contivo.com
contivo.com
100%
–
cascodev.com
100%
View details
morse.com
100%
View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 16 similar websites and full traffic analytics for Sierra Atlantic

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Top companies in IT Services & Operations

3 companies that operate in the same segment as Sierra Atlantic (IT Services & Operations) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud orchestration solutions are provided for multi-cloud and device applications.
1998Palo Alto, California, United StatesUSD 595.83 MUSD 812.05 M8,861
A cloud-based platform for incident management software is provided.
2009San Francisco, California, United StatesUSD 173.6 MUSD 492.55 M4,473
Unified IT management is delivered through a cloud-based platform.
2004Santa Clara, California, United StatesUSD 83.7 MUSD 13.28 B26,290
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Related news about Sierra Atlantic

Reddy's Sierraatlantic acquires Sceptre Database
Siliconindia β€’ 7 years ago
Sierra acquires Sceptre, looks at new markets
Indiatimes β€’ 7 years ago
Hitachi acquires California-based Sierra Atlantic
Thehindubusinessline β€’ 8 years ago
Sierra Atlantic acquires ArrAy
Indiatimes β€’ 9 years ago
Hitachi Consulting Acquires Sierra Atlantic
Firstpost β€’ 9 years ago
Sierra Atlantic acquires Sceptre
Business-Standard β€’ 13 years ago
Sierra Atlantic acquires $15-million US firm
Business-Standard β€’ 13 years ago
Hitachi Consulting Acquires Sierra Atlantic
Consumergoods β€’ 15 years ago
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Complete news archive for Sierra Atlantic

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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 2000.

Sierra Atlantic has 139 employees.

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 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.

Sierra Atlantic operates through Sierra Atlantic, Inc.

Yes. Sierra Atlantic was acquired by Hitachi Consulting in December 2010.

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