When was Sungard Availability Services founded?

Sungard Availability Services was founded in 1978 and raised its 1st funding round 37 years after it was founded.

Where is Sungard Availability Services located?

Sungard Availability Services is headquartered in Wayne, United States. It is registered at Office No. 915B, 9th Floor, Apex Buisness Court, Phase 2 Building, CTS Number 3217, S.No 588/2C, Bibwewadi Kondhwa Road, Bibvewadi, Pune, Pune City, Maharashtra, India, 411037.

Who is the current CEO of Sungard Availability Services?

Lea Claveran and Michael K Robinson s of Sungard Availability Services.

How many employees does Sungard Availability Services have?

As of Sep 30, 2026, the latest employee count at Sungard Availability Services is 1205.

Is Sungard Availability Services a funded company?

Sungard Availability Services is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** PE round, raised on 2015.

When was the latest funding round of Sungard Availability Services?

Sungard Availability Services' latest funding was a $***** Conventional Debt round on May 03, 2019, with participation from 0 investor.

Where does Sungard Availability Services rank among its competitors?

Sungard Availability Services ranks 244th amongst 150583 active competitors, of which 1006 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 Sungard Availability Services?

Sungard Availability Services' top competitors include IBM, UST and Virtusa. Among them, Hewlett Packard Enterprise secured the most recent funding round in September, 2025.

Sungard Availability Services - 2026 Company Profile, Team, Funding & Competitors

Sungard Availability Services is an acquired company based in Wayne (United States), founded in 1978 by Lea Claveran. It operates as an IT production availability MSSP and recovery service. Sungard Availability Services has raised an undisclosed amount in funding. The company has 150583 active competitors, including 1006 funded and 7852 that have exited. Its top competitors include companies like IBM, UST and Virtusa.

Company Details

Website: sungardas.com
Social
Registered Address: Office No. 915B, 9th Floor, Apex Buisness Court, Phase 2 Building, CTS Number 3217, S.No 588/2C, Bibwewadi Kondhwa Road, Bibvewadi, Pune, Pune City, Maharashtra, India, 411037

Key Metrics

Founded Year

1978

Location

Wayne, United States

Stage

Acquired

Latest Funding Round

Conventional Debt, May 03, 2019, $*****

Investors

Partners For Growth & 2 more

Ranked

244^th among 150583 active competitors

Employee Count

1,205 as on Sep 30, 2026

Investment & Acquisitions

DSPA Software & 2 more

Similar Companies

IBM & 174270 more

Exit Details

Acquired by Viatel (May 02, 2023)

View Sungard Availability Services' full profile

Sungard Availability Services is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
SUNGARD AVAILABILITY SERVICES (INDIA) PRIVATE LIMITED CIN: U72200PN2010PTC148314 , India, Active	Oct 08, 2010	₹10 - ₹50 Cr (As on Mar 31, 2025)	429 (As on Mar 31, 2024)

Sungard Availability Services got acquired by Viatel on May 02, 2023.

Click here to take a look at Sungard Availability Services's acquisition in detail

Sungard Availability Services has raised funding over 2 rounds. Its first funding round was on 2015. Sungard Availability Services has 3 institutional investors.

Here is the list of recent funding rounds of Sungard Availability Services:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 03, 2019	1790057	Conventional Debt	6156822	6631835	9154625	7767850
2015	7156	PE	9991	2163	5532	KKR

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View details of Sungard Availability Services's funding rounds and investors

The founders of Sungard Availability Services is Lea Claveran.

Here are the details of Sungard Availability Services' key team members:

Lea Claveran: CEO and Founder, SunGardLatino America, Subsidiary of SunGard Data Systems of Sungard Availability Services.
Michael K Robinson: CEO of Sungard Availability Services.
Contact Info: 1 email address

View details of Sungard Availability Services's Founder profiles and Board Members

Sungard Availability Services' employee count trend

Sungard Availability Services has 1,205 employees as of Sep 26. Here is Sungard Availability Services's employee count trend over the years:

Employee count trend for Sungard Availability Services

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Top competitors of Sungard Availability Services include IBM, UST and Virtusa. Here is the list of Top 10 competitors of Sungard Availability Services, 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 & 23 others	78/100
2nd	UST 1998, 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	Virtusa 1996, Westborough (United States), Acquired	IT services company	$45.2M	EQT, Back Bay Group & 8 others	76/100
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 & 4 others	75/100
5th	Infosys 1981, Bengaluru (India), Public	Provider of consulting, data analytics, and IT services	-	Nepean Capital, Seaside Private Capital	74/100
6th	Sutherland 1986, Pittsford (United States), Late Stage	Provider of business process and technology management services	$60M	Affirma Capital, Oak Investment Partners & 3 others	74/100
7th	Endava 2000, London (United Kingdom), Public	Provider of digital transformation services using artificial intelligence and automation	-	M\|C Partners, Europa	74/100
8th	Datamatics 1975, Mumbai (India), Public	Provider of digital technologies, business process management, analytics, and automation services	$3M	IIML	74/100
9th	Mindtree 1999, Bengaluru (India), Acquired	Consulting and implementations company	$23.9M	Global Technology Ventures, Walden Israel ... & 9 others	73/100
10th	Happiest Minds Technologies 2011, Bengaluru (India), Public	Provider of IT suite services	$64.5M	Canaan, Trident Trust & 33 others	73/100
244th	Sungard Availability Services 1978, Wayne (United States), Acquired	IT production availability MSSP and recovery service	-	Partners For Growth, KKR & 1 others	54/100

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Sungard Availability Services has acquired 3 companies including DSPA Software, VeriCenter and Inflow. Sungard Availability Services has not made any investments as of now.

Here is the list of its acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Nov 20, 2007	Acquisition	DSPA Software	1996	Mississauga (Canada)
Jul 16, 2007	Acquisition	VeriCenter	1999	Houston (United States)
Nov 16, 2004	Acquisition	Inflow	1997	Denver (United States)