Trace3 - About the company
Trace3 is an acquired company based in Irvine (United States), founded in 2001 by Hayes Drumwright. It operates as an IT solutions and services provider specializing in AI, data, cloud, and cybersecurity. Trace3 has raised an undisclosed amount in funding from H.I.G. Capital. The company has 136044 active competitors, including 977 funded and 7702 that have exited. Its top competitors include companies like UST, IBM and Infosys.
Company Details
IT solutions and services provider specializing in AI, data, cloud, and cybersecurity. The organization delivers business transformation through consulting, integration, and operation of convergent solutions. They empower organizations to embrace the ever-changing IT landscape, helping clients realize value from their technology investments. Services include AI strategy, governance, solutioning, architecture, and operations; data and analytics platform modernization; cloud solutions, security, and talent solutions; enterprise strategy and transformation; innovation advisory services; and security solutions including governance, risk, compliance, and identity management. They also offer managed services for cloud and infrastructure, supply chain and integration services, and lifecycle management. The company focuses on helping businesses run, grow, and transform through technology, offering a range of resources and content to support their clients' journeys.
- Website
- www.trace3.com/
- Phone Number
- +1 **********
- Registered Address
- Irvine, California
Key Metrics
Founded Year
2001
Location
Irvine, United States
Stage
Acquired
Latest Funding Round
Investors
Ranked
123rd among 136044 active competitors
Employee Count
1,464 as on Sep 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Apollo Funds (Aug 11, 2025)
Legal entities associated with Trace3
Trace3 is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
TRACE 3, INC. CIN: 954876514 , United States, Active | Dec 31, 1999 | - | 1267 (As on Dec 31, 2024) | - |
Trace3's acquisition details
Trace3 got acquired by Apollo Funds on Aug 11, 2025.
Click here to take a look at Trace3's acquisition in detail
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Trace3's funding and investors
Trace3 has raised funding over 1 round. Its latest funding round was a Series B round on Jun 16, 2017 for $*****. 1 investor participated in its latest round. Trace3 has 3 institutional investors.
Here is the list of recent funding rounds of Trace3:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 16, 2017 | 4752498 | Series B | 5871837 | 5809469 | 5506332 | 6960660 |
View details of Trace3's funding rounds and investors
Trace3's founders and board of directors
Founder? Claim ProfileThe founders of Trace3 is Hayes Drumwright.
Here are the details of Trace3's key team members:
- Hayes Drumwright: Co-Founder of Trace3.
View details of Trace3's Founder profiles and Board Members
Trace3's employee count trend
Trace3 has 1,464 employees as of Sep 26. Here is Trace3's employee count trend over the years:
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Trace3's Competitors and alternates
Top competitors of Trace3 include UST, IBM and Infosys. Here is the list of Top 10 competitors of Trace3, ranked by Tracxn score:
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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 | 76/100 | |
2nd | IBM 1911, Armonk (United States), Public | Provider of hybrid cloud, artificial intelligence, and IT consulting services | - | 76/100 | |
3rd | Provider of consulting, data analytics, and IT services | - | 75/100 | ||
4th | Hewlett Packard Enterprise 2015, Houston (United States), Public | Provider of edge-to-cloud solutions, products, and services for enterprise organizations | - | 74/100 | |
5th | Datamatics 1975, Mumbai (India), Public | Provider of digital technologies, business process management, analytics, and automation services | $3M | 73/100 | |
6th | Happiest Minds Technologies 2011, Bengaluru (India), Public | Provider of IT suite services | $64.8M | 73/100 | |
7th | Virtusa 1996, Westborough (United States), Acquired | IT services company | $45.2M | 73/100 | |
8th | Consulting and implementations company | $23.9M | 73/100 | ||
9th | Sutherland 1986, Pittsford (United States), Late Stage | Provider of business process and technology management services | $60M | 73/100 | |
10th | Provider of IT consulting, technology, and outsourcing services | - | 73/100 | ||
123rd | Trace3 2001, Irvine (United States), Acquired | IT solutions and services provider specializing in AI, data, cloud, and cybersecurity | - | 59/100 |
Looking for more details on Trace3's competitors? Click here to see the top ones
Trace3's Investments and acquisitions
Trace3 has not made any investments yet. Trace3 has made 8 acquisitions.Here is the list of latest three $acquisitions:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jun 09, 2025 | Acquisition | 2006 | Portland (United States) | |
Dec 19, 2024 | Acquisition | 2014 | Denver (United States) | |
Jan 09, 2024 | Acquisition | 2001 | Saint Louis Park (United States) |
See all acquisitions by Trace3
Reports related to Trace3
Here is the latest report on Trace3's sector:
News related to Trace3
Media has covered Trace3 for a total of 6 events in the last 1 year, 1 of them has been about partnerships.
•
Calian completes sale of U.S. commercial IT business to Trace3GlobeNewswire•Oct 01, 2026•Trace3, Calian
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Trace3 to Acquire Calian Group's U.S. Commercial IT BusinessFinancial Post•Aug 26, 2026•Trace3, Calian
•
Trace3 and Crytica Security Partner to Deliver Rapid Malware Detection & Alert Technology WorldwideCIO Influence•Nov 19, 2025•Crytica Security, Trace3
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Trace3 Appoints New CEO After Apollo Funds AcquisitionCRN•Nov 08, 2025•Trace3, American Securities, Apollo Global Management, Trinity
•
Trace3 Enters New Era of Growth, Innovation With Completion of Acquisition by Apollo Funds From American SecuritiesSalesTech Star•Nov 04, 2025•Trace3, American Securities
•
HPE's AI CTO on How Partnerships Drive AI Adoption Across IndustriesTechnologymagazine•Oct 06, 2025•Trace3, Hewlett Packard Enterprise
•
Apollo Funds to Acquire Trace3 From American SecuritiesBenzinga•Aug 12, 2025•Trace3, Apollo Global Management, American Securities, Apollo
•
Trace3 Acquires Ivoxy Consulting to Expand Presence in Seattle and PortlandCRN•Jun 10, 2025•IVOXY CONSULTING, Trace3
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Strategic Investments in Consulting, Services Expertise Unlock Next Chapter in Trace3’s Services-first ModelBusiness Wire•Apr 24, 2025•Trace3
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