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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.
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Part Of
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
Ranked
Employee Count
17,505 as on Jun 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Ricoh (Jan 21, 2014)

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:lockFilter this list
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
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mindSHIFT's founders and board of directors

Founder? Claim Profile

mindSHIFT's employee count trend

mindSHIFT has 17,505 employees as of Jun 26. Here is mindSHIFT's employee count trend over the years:
Employee count trend for mindSHIFT
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for IBM
IBM
1911, Armonk (United States), Public
Provider of hybrid cloud, artificial intelligence, and IT consulting services
-
80/100
2nd
Provider of edge-to-cloud solutions, products, and services for enterprise organizations
-
78/100
3rd
Logo for Mindtree
Mindtree
1999, Bengaluru (India), Acquired
Consulting and implementations company
$23.9M
78/100
4th
Logo for UST
UST
1999, Aliso Viejo (United States), Late Stage
Provider of data analytics, cloud modernization, management strategy, and digital transformation services
$250M
76/100
5th
Logo for Infosys
Infosys
1981, Bengaluru (India), Public
Provider of consulting, data analytics, and IT services
-
75/100
6th
Logo for Accenture
Accenture
1989, Dublin (Ireland), Public
Provider of IT consulting, technology, and outsourcing services
-
74/100
7th
Logo for EPAM
EPAM
1993, Newtown (United States), Public
Provider of software development, data analytics, and other IT suite services
$50M
74/100
8th
Logo for Virtusa
Virtusa
1996, Westborough (United States), Acquired
IT services company
$45.2M
73/100
9th
Logo for Datamatics
Datamatics
1975, Mumbai (India), Public
Provider of digital technologies, business process management, analytics, and automation services
$3M
73/100
10th
Logo for Valtech
Valtech
1993, Paris (France), Acquired
Provider of diversified application development, IT consulting, and digital transformation services
-
73/100
640th
Logo for mindSHIFT
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

Here is the latest report on mindSHIFT's sector:

News related to mindSHIFT

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FAQs about mindSHIFT

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