When was Maxbyte founded?

Maxbyte was founded in 2016 and raised its 1st funding round within a year of its incorporation.

Where is Maxbyte located?

Maxbyte is headquartered in Abu Dhabi, United Arab Emirates. It is registered at NO.218, COWLEY BROWN ROAD RS PURAM, Coimbatore, COIMBATORE, Tamil Nadu, India, 641002.

Who is the current CEO of Maxbyte?

Ramshankar Coimbatore Somasundaram of Maxbyte. They have also founded 1 company.

Which legal entities is Maxbyte associated with?

Maxbyte is associated with Maxbyte Technologies Private Limited and 1 other.

How many employees does Maxbyte have?

As of Sep 30, 2026, the latest employee count at Maxbyte is 136.

Is Maxbyte a funded company?

Maxbyte is a funded company, having raised a total of $6.78M across 5 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on May 02, 2016.

How much is Maxbyte worth?

The latest valuation of Maxbyte is $***** as of Sep 14, 2020.

When was the latest funding round of Maxbyte?

Maxbyte's latest funding was a $***** Series A round on Aug 22, 2023, with participation from 1 investor.

What is the annual revenue of Maxbyte?

Annual revenue of Maxbyte is less than ₹10 Cr as on Mar 31, 2023

Where does Maxbyte rank among its competitors?

Maxbyte ranks 17th amongst 929 active competitors, of which 99 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Sift, which secured $42M in Mar, 2026.

Who are the top competitors of Maxbyte?

Maxbyte's top competitors include Infor, Tulip and Plex Systems. Among them, Sift secured the most recent funding round in March, 2026.

Maxbyte - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of industrial digitalization robotics decarbonization solutions. The company delivers integrated technology services to transform manufacturing and industrial operations through robotics, edge analytics, IIoT integration, and AI tools. It supports digital engineering, smart factory deployment, predictive maintenance, and product lifecycle management within industrial environments. The platform incorporates advisory, software, and hardware components to optimize process efficiency, flexibility, and sustainable performance. Service offerings include technology selection, system integration, training, and remote monitoring to support industrial clients undergoing digital transformation.

Website: maxbyte.co
Social
Email ID: *****@maxbytetech.com
Registered Address: NO.218, COWLEY BROWN ROAD RS PURAM, Coimbatore, COIMBATORE, Tamil Nadu, India, 641002

Key Metrics

Founded Year

2016

Location

Abu Dhabi, United Arab Emirates

Stage

Series A

Total Funding

$6.78M in 5 rounds

Latest Funding Round

Series A, Aug 22, 2023, $*****

Post Money Valuation

$***** as on Sep 14, 2020

Investors

Macro Infotech & 29 more

Ranked

17^th among 929 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2023

Employee Count

136 as on Sep 30, 2026

Similar Companies

Infor & 345 more

View Maxbyte's full profile

Maxbyte is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
MAXBYTE TECHNOLOGIES SERVICES PRIVATE LIMITED CIN: U62020TN2023PTC159553 , India, Active	Apr 12, 2023	-	152 (As on Jul 31, 2024)
Maxbyte Technologies Private Limited CIN: U72200TZ2016PTC022184 , India, Active	Jan 14, 2016	0 - ₹10 Cr (As on Mar 31, 2023)	141 (As on Nov 01, 2023)

Maxbyte has raised a total funding of $6.78M over 5 rounds. Its first funding round was on May 02, 2016. Its latest funding round was a Series A round on Aug 22, 2023 for $*****. 1 investor participated in its latest round. Maxbyte has 7 institutional investors and 23 angel investors.

Here is the list of recent funding rounds of Maxbyte:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 22, 2023	3105875	Series A	3319738	9794707	4685963	8071080
Sep 14, 2020	9914509	Angel	9617658	7979202	2769513	Akash Prakash & 3 more
Feb 28, 2018	7221558	Seed	2771173	7017551	Macro Infotech	Khali Alaudeen Seyad Ahamed & 7 more

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View details of Maxbyte's funding rounds and investors

The founders of Maxbyte are Sabari Nathan Devarajan, Ramshankar Coimbatore Somasundaram, Mettupalayam Velumani Saravanakumar, Krishna Kumar Shanmugam, Kowsika Rangaraj, Devarajan Latha and Viswanathan Thiyagarajan. Ramshankar Coimbatore Somasundaram is the CEO of Maxbyte.

Here are the details of Maxbyte's key team members:

Sabari Nathan Devarajan: CPO of Maxbyte. They are also an angel investor in 1 startup and serve on the board of 1 company.
Ramshankar Coimbatore Somasundaram: Co-Founder & CEO of Maxbyte and founder of 1 other company. They serve on the board of 1 company.
Contact Info: 1 email address
Mettupalayam Velumani Saravanakumar: Co-Founder of Maxbyte. They serve on the board of 1 company.
Contact Info: 1 email address
Krishna Kumar Shanmugam: Former Co-Founder of Maxbyte. They serve on the board of 1 company.
Kowsika Rangaraj: Former Co-Founder of Maxbyte. They are also an angel investor in 1 startup.

Maxbyte's Board of Directors

Maxbyte's board has 5 active members. Ramshankar Coimbatore Somasundaram and Mettupalayam Velumani Saravanakumar are part of team and V Thiyagarajan, Dhiraj Ramakrishnan and Sri Sabari Nathan Devarajan are independent board members.

Here is the list of Maxbyte's board of directors:

Name	Type	Representing	Status	Duration
Ramshankar Coimbatore Somasundaram	Team	-	Current	10y 9m
Mettupalayam Velumani Saravanakumar	Team	-	Current	10y 9m
kekfsvl	Team	-	Past	2y 3m
rqvkhic	Team	-	Past	7y 4m
V Thiyagarajan	Independent board member	-	Current	10y 9m
raizbao	Independent board member	-	Past	2y 7m
pmssngg	Independent board member	-	Past	8y 5m
wmnbhs{	Independent board member	-	Past	6y 8m

View details of Maxbyte's Founder profiles and Board Members

Maxbyte's employee count trend

Maxbyte has 136 employees as of Sep 26. Here is Maxbyte's employee count trend over the years:

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Top competitors of Maxbyte include Infor, Tulip and Plex Systems. Here is the list of Top 10 competitors of Maxbyte, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Infor 2002, New York City (United States), Acquired	Cloud based ERP software for multi industries	$1.52B	LC Waikiki, Maxam Capital & 18 others	80/100
2nd	Tulip 2014, Somerville (United States), Series D	Digitalized Manufacturing System	$291M	Vertex Holdings, C4 Ventures & 14 others	72/100
3rd	Plex Systems 1995, Troy (United States), Acquired	Cloud-based manufacturing execution software solution	$86.5M	Apax, T. Rowe Price & 2 others	66/100
4th	AspenTech 1981, Bedford (United States), Acquired	Provider of enterprise asset performance management, asset performance monitoring, and asset optimization software solutions	$100M	Advent International, Transpac & 4 others	64/100
5th	AVEVA 1967, Cambridge (United Kingdom), Acquired	Developer of industrial software for engineering operations and data management	-	Summit Partners, Europa	63/100
6th	Sift 2022, El Segundo (United States), Series B	Provider of unified observability platform for hardware sensor data management	$67M	StepStone Group, Google Ventures & 6 others	61/100
7th	Vantiq 2014, Walnut Creek (United States), Series B	Provider of cloud based end to end IoT platforms	$56.4M	SoftBank, Raptor Group	61/100
8th	Steelhead Technologies 2021, Houghton (United States), Series C	Developer of manufacturing process management software for job shops	$107M	Innovius Capital, Mainsail Partners & 4 others	61/100
9th	Lectra 1973, Paris (France), Public	Provider of product designing and development software for the manufacturing sector	-	Eiffel Investment Group, Europa & 1 others	59/100
10th	Amper 2016, Chicago (United States), Acquired	Provider of manufacturing execution system software for production control and improvement	$14.9M	Alchemist Accelerator, HAX & 12 others	58/100
17th	Maxbyte 2016, Abu Dhabi (United Arab Emirates), Series A	Provider of industrial digitalization robotics decarbonization solutions	$6.78M	e&, Tech Innovations & 28 others	55/100