When was CMIT Solutions founded?

CMIT Solutions was founded in 1990 and raised its 1st funding round 33 years after it was founded.

Where is CMIT Solutions located?

CMIT Solutions is headquartered in Austin, United States. It is registered at Austin, Texas.

Who is the current CEO of CMIT Solutions?

Sameer Mishra Itil of CMIT Solutions.

How many employees does CMIT Solutions have?

As of Sep 30, 2026, the latest employee count at CMIT Solutions is 554.

Is CMIT Solutions a funded company?

CMIT Solutions is a funded company, having raised a total of $***** in its 1st and only funding round, a PE round on Jan 25, 2023.

When was the latest funding round of CMIT Solutions?

CMIT Solutions' latest funding was a $***** PE round on Jan 25, 2023, with participation from 1 investor.

Where does CMIT Solutions rank among its competitors?

CMIT Solutions ranks 764th amongst 135698 active competitors, of which 975 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Hewlett Packard Enterprise, which secured $118K in Sep, 2025.

Who are the top competitors of CMIT Solutions?

CMIT Solutions' top competitors include IBM, UST and Infosys. Among them, Hewlett Packard Enterprise secured the most recent funding round in September, 2025.

CMIT Solutions - 2026 Company Profile, Team, Funding & Competitors

CMIT Solutions is an acquired company based in Austin (United States), founded in 1990 by Maggie Halabi, Scott Graflund and Bob Riesenbach. It operates as a Managed IT and consulting services. CMIT Solutions has raised an undisclosed amount in funding from Riverside. The company has 135698 active competitors, including 975 funded and 7688 that have exited. Its top competitors include companies like IBM, UST and Infosys.

Company Details

CMIT Solutions provides managed IT and consulting services. Services provided include for cloud computing, VOIP, virtualization, disaster recovery, business continuity, unified communications, network administration, remote backup, outsourced IT support and proactive monitoring. Industry verticals covered include Healthcare, Finance, Legal, Real Estate, Hospitality, Construction, Food & Beverage and Consulting.

Website: cmitsolutions.com
Social
Email ID: *****@cmitsolutions.com
Phone Number: +1 **********
Registered Address: Austin, Texas

Key Metrics

Founded Year

1990

Location

Austin, United States

Stage

Acquired

Latest Funding Round

PE, Jan 25, 2023, $*****

Investors

Riverside & 1 more

Ranked

764^th among 135698 active competitors

Employee Count

554 as on Sep 30, 2026

Investment & Acquisitions

Velox Systems & 1 more

Similar Companies

IBM & 159373 more

Exit Details

Acquired by HKW (Jan 09, 2023)

View CMIT Solutions' full profile

CMIT Solutions is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
CMIT SOLUTIONS INC CIN: 271466585 , United States, Active	Dec 31, 1999	-	22 (As on Dec 31, 2023)	-

CMIT Solutions got acquired by HKW on Jan 09, 2023.

Click here to take a look at CMIT Solutions's acquisition in detail

CMIT Solutions has raised funding over 1 round. Its latest funding round was a PE round on Jan 25, 2023 for $*****. 1 investor participated in its latest round. CMIT Solutions has 2 institutional investors.

Here is the list of recent funding rounds of CMIT Solutions:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 25, 2023	4422216	PE	1743264	3318910	3047725	3546665

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View details of CMIT Solutions's funding rounds and investors

The founders of CMIT Solutions are Maggie Halabi, Scott Graflund and Bob Riesenbach. Sameer Mishra Itil is the CEO of CMIT Solutions.

Here are the details of CMIT Solutions' key team members:

Maggie Halabi: Former Co-Founder of CMIT Solutions.
Contact Info: 1 email address
Scott Graflund: Founder of CMIT Solutions.
Contact Info: 1 email address
Bob Riesenbach: Owner & President of CMIT Solutions.
Contact Info: 1 email address
Sameer Mishra Itil: CEO of CMIT Solutions.

View details of CMIT Solutions's Founder profiles and Board Members

CMIT Solutions' employee count trend

CMIT Solutions has 554 employees as of Sep 26. Here is CMIT Solutions's employee count trend over the years:

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Top competitors of CMIT Solutions include IBM, UST and Infosys. Here is the list of Top 10 competitors of CMIT Solutions, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	IBM 1911, Armonk (United States), Public	Provider of hybrid cloud, artificial intelligence, and IT consulting services	-	Berkshire Hathaway, Runway & 22 others	81/100
2nd	UST 1999, Aliso Viejo (United States), Late Stage	Provider of data analytics, cloud modernization, management strategy, and digital transformation services	$250M	Temasek, MFAR & 1 others	76/100
3rd	Infosys 1981, Bengaluru (India), Public	Provider of consulting, data analytics, and IT services	-	Nepean Capital, Seaside Private Capital & 1 others	75/100
4th	Hewlett Packard Enterprise 2015, Houston (United States), Public	Provider of edge-to-cloud solutions, products, and services for enterprise organizations	-	Draper Athena, Kleiner Perkins & 3 others	74/100
5th	Datamatics 1975, Mumbai (India), Public	Provider of digital technologies, business process management, analytics, and automation services	$3M	IIML	73/100
6th	Happiest Minds Technologies 2011, Bengaluru (India), Public	Provider of IT suite services	$64.8M	Canaan, Trident Trust & 37 others	73/100
7th	Virtusa 1996, Westborough (United States), Acquired	IT services company	$45.2M	New Mountain Capital, EQT & 8 others	73/100
8th	Mindtree 1999, Bengaluru (India), Acquired	Consulting and implementations company	$23.9M	Global Technology Ventures, Walden Israel ... & 9 others	73/100
9th	Sutherland 1986, Pittsford (United States), Late Stage	Provider of business process and technology management services	$60M	Affirma Capital, Oak Investment Partners & 3 others	73/100
10th	Accenture 1989, Dublin (Ireland), Public	Provider of IT consulting, technology, and outsourcing services	-	ngn-capital.com, Bondeinvest.com & 6 others	73/100
764th	CMIT Solutions 1990, Austin (United States), Acquired	Managed IT and consulting services	-	Riverside, AFM Capital Partners	44/100

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CMIT Solutions has acquired 2 companies including Velox Systems and Fuller Information Technology. CMIT Solutions has not made any investments as of now.

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