mindSHIFT - About the company
mindSHIFT is an acquired company based in Sterling (United States), founded in 1999. It operates as a Managed IT, cloud, cybersecurity, and web development services provider. mindSHIFT has raised $68.1M in funding from investors like Columbia Capital, Telecommunications Development Fund and Eight Roads Ventures. The company has 126128 active competitors, including 965 funded and 7385 that have exited. Its top competitors include companies like IBM, Hewlett Packard Enterprise and Mindtree.
Company Details
Managed IT, cloud, cybersecurity, and web development services provider, offering comprehensive IT management and managed cloud solutions. They empower employee productivity and data security through managed IT services, adapting to evolving work environments. Services include IT support, managed cloud solutions (public, private, hybrid), disaster recovery, and cybersecurity. They provide network, endpoint, and email security, along with web development services for websites, intranets, and digital content. Application management and custom application development are also offered. They deliver strategic IT consulting and project services, ensuring on-time and on-budget project completion. This is a B2B tech company offering SaaS and software solutions.
- Website
- mindshift.com
- Registered Address
- Exton, Pennsylvania
Key Metrics
Founded Year
1999
Location
Sterling, United States
Stage
Acquired
Total Funding
$68.1M in 7 rounds
Latest Funding Round
Investors
Ranked
640th among 126128 active competitors
Employee Count
17,505 as on Jun 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Ricoh (Jan 21, 2014)
Legal entities associated with mindSHIFT
mindSHIFT is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
RICOH USA, INC. CIN: 230334400 , United States, Active | Dec 26, 999 | - | 11575 (As on Dec 31, 2024) | - |
mindSHIFT's acquisition details
mindSHIFT got acquired by Ricoh on Jan 21, 2014.
Click here to take a look at mindSHIFT's acquisition in detail
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mindSHIFT's funding and investors
mindSHIFT has raised a total funding of $68.1M over 7 rounds. Its first funding round was on Nov 27, 2000. mindSHIFT has 10 institutional investors.
Here is the list of recent funding rounds of mindSHIFT:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 31, 2010 | 4645643 | Series C | 2266123 | 4473205 | 7762680 | 2131152 |
Dec 26, 2007 | 8441984 | Venture Debt | 8040579 | 3154209 | 4141206 | |
Aug 29, 2006 | 3468960 | Series C | 3461660 | 5713750 |
View details of mindSHIFT's funding rounds and investors
mindSHIFT's founders and board of directors
Founder? Claim ProfilemindSHIFT's employee count trend
mindSHIFT has 17,505 employees as of Jun 26. Here is mindSHIFT's employee count trend over the years:
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mindSHIFT's Competitors and alternates
Top competitors of mindSHIFT include IBM, Hewlett Packard Enterprise and Mindtree. Here is the list of Top 10 competitors of mindSHIFT, ranked by Tracxn score:
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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 | - | 80/100 | |
2nd | Hewlett Packard Enterprise 2015, Houston (United States), Public | Provider of edge-to-cloud solutions, products, and services for enterprise organizations | - | 78/100 | |
3rd | Consulting and implementations company | $23.9M | 78/100 | ||
4th | UST 1999, Aliso Viejo (United States), Late Stage | Provider of data analytics, cloud modernization, management strategy, and digital transformation services | $250M | 76/100 | |
5th | Provider of consulting, data analytics, and IT services | - | 75/100 | ||
6th | Provider of IT consulting, technology, and outsourcing services | - | 74/100 | ||
7th | EPAM 1993, Newtown (United States), Public | Provider of software development, data analytics, and other IT suite services | $50M | 74/100 | |
8th | Virtusa 1996, Westborough (United States), Acquired | IT services company | $45.2M | 73/100 | |
9th | Datamatics 1975, Mumbai (India), Public | Provider of digital technologies, business process management, analytics, and automation services | $3M | 73/100 | |
10th | Provider of diversified application development, IT consulting, and digital transformation services | - | 73/100 | ||
640th | mindSHIFT 1999, Sterling (United States), Acquired | Managed IT, cloud, cybersecurity, and web development services provider | $68.1M | 46/100 |
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mindSHIFT's Investments and acquisitions
mindSHIFT has acquired 2 companies including ORBIT Systems and groupSPARK. mindSHIFT has not made any investments as of now.See all acquisitions by mindSHIFT
Reports related to mindSHIFT
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