When was MTI founded?

MTI was founded in 1987 and raised its 1st funding round 17 years after it was founded.

Where is MTI located?

MTI is headquartered in Godalming, United Kingdom. It is registered at C/O KPMG LLP SALTIRE COURT,20 CASTLE TERRACE,EDINBURGH,SCOTLAND,SCOTLAND,EH1 2EG.

How many employees does MTI have?

As of Aug 31, 2026, the latest employee count at MTI is 1686.

Is MTI a funded company?

MTI is a funded company, having raised a total of $35M across 2 funding rounds to date. The company's 1st funding round was a $***** PE round, raised on Jun 22, 2004.

When was the latest funding round of MTI?

MTI's latest funding was a $***** PE round on Nov 02, 2005, with participation from 1 investor.

Where does MTI rank among its competitors?

MTI ranks 105th amongst 135831 active competitors, of which 976 are funded. It stands 5th 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 MTI?

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

MTI - 2026 Company Profile, Team, Funding & Competitors

Company Details

MTI is a datacenter, managed service and IT security provider. Data center services cover Big data and analytics, cloud, compute, converged infrastructure, data protection, software-defined datacenter, storage and virtualisation. Managed services includes BaaS (Backup), IaaS, remote infra management and service desk. Performs penetration testing along with security consulting.

Website: mti.com
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Registered Address: C/O KPMG LLP SALTIRE COURT,20 CASTLE TERRACE,EDINBURGH,SCOTLAND,SCOTLAND,EH1 2EG

Key Metrics

Founded Year

1987

Location

Godalming, United Kingdom

Stage

Acquired

Total Funding

$35M in 2 rounds

Latest Funding Round

PE, Nov 02, 2005, $*****

Investors

Atua Ventures & 2 more

Ranked

105^th among 135831 active competitors

Employee Count

1,686 as on Aug 31, 2026

Investment & Acquisitions

PowerOasis & 1 more

Similar Companies

UST & 159506 more

Exit Details

Acquired by Ricoh (Oct 07, 2020)

View MTI's full profile

MTI is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
MTI TECHNOLOGY LIMITED CIN: SC112019 , United Kingdom, Active	Jun 28, 1988	-	-

MTI got acquired by Ricoh on Oct 07, 2020.

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

MTI has raised a total funding of $35M over 2 rounds. Its first funding round was on Jun 22, 2004. Its latest funding round was a PE round on Nov 02, 2005 for $*****. 1 investor participated in its latest round. MTI has 3 institutional investors.

Here is the list of recent funding rounds of MTI:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 02, 2005	5172086	PE	7927084	1920995	2589938	6612210
Jun 22, 2004	5443684	PE	6903111	5020601	9404735	Advent International

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View details of MTI's funding rounds and investors

The founders of MTI is Gary Scott.

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

Gary Scott: Founder and Company Director of MTI.
Scott Haddow: CEO of MTI.

View details of MTI's Founder profiles and Board Members

MTI's employee count trend

MTI has 1,686 employees as of Aug 26. Here is MTI's employee count trend over the years:

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

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	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
2nd	IBM 1911, Armonk (United States), Public	Provider of hybrid cloud, artificial intelligence, and IT consulting services	-	Berkshire Hathaway, Runway & 22 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	-	Kleiner Perkins, Draper Athena & 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	EQT, Back Bay Group & 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
105th	MTI 1987, Godalming (United Kingdom), Acquired	IT services and security	$35M	Atua Ventures, Advent International & 1 others	60/100