About YoctoIT
YoctoIT is a company based in Monza (Italy) founded in 2019 was acquired by Var Group in April 2022.. YoctoIT offers products and services including Cloud Solutions, Disaster Recovery, Security Assessment, Network Solutions, and Synapps. YoctoIT operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Monza, Italy
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Yoctoit Srl
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Products & Services of YoctoIT
YoctoIT offers a comprehensive portfolio of products and services, including Cloud Solutions, Disaster Recovery, Security Assessment, Network Solutions, and Synapps. 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.
Enhances business flexibility with tailored cloud options
Protects businesses from failures and ensures continuity
Evaluates IT systems to identify and mitigate risks
Provides secure and efficient network infrastructure
Integrates AI and machine learning for business process enhancement
Funding Insights of YoctoIT
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 YoctoIT
YoctoIT has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Var Group. 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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Var Group is engaged in providing digital transformation services.
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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 YoctoIT
| 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 |
Financial Statements - YoctoIT
| 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 |
Yoctoit Comparisons
Competitors of YoctoIT
YoctoIT 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, Genpact, 1&1 IONOS, Happiest Minds and Accenture, 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 |
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| domain | founded_year | HQ Location |
High-quality office furniture is provided by UST for various needs.
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Provider of end-to-end business process outsourcing services
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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IT outsourcing services are delivered across multiple business lines.
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IT and management consultancy services are provided globally.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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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Frequently Asked Questions about YoctoIT
When was YoctoIT founded?
YoctoIT was founded in 2019.
Where is YoctoIT located?
YoctoIT is headquartered in Monza, Italy. It is registered at Monza, Lombardy, Italy.
Who is the current CEO of YoctoIT?
Alessandro Fabbroni is the current CEO of YoctoIT.
What does YoctoIT do?
YoctoIT was established in 2019 and is headquartered in Monza, Italy. Operations are centered on the IT sector, where support services are delivered to clients. Assistance is offered for technical issues, system maintenance, and related needs. The company is led by CEO Alessandro Fabbroni. Focus remains on regional operations within Italy, addressing business IT requirements through standard support protocols.
Who are the top competitors of YoctoIT?
YoctoIT's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
What products or services does YoctoIT offer?
YoctoIT offers Cloud Solutions, Disaster Recovery, Security Assessment, Network Solutions, and Synapps.
Who are YoctoIT's investors?
YoctoIT has 1 investor. Key investors include Var Group.