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GlobalLogic, Inc.
Business Summary
GlobalLogic, Inc. is a privately-held, venture capital backed software development services company. GlobalLogic, Inc. provides software R&D services in markets such as Digital Media, Electronics, Finance, Healthcare, Infrastructure, Retail and Telecom. Founded in 1998 by Sanjay Singh, Peter Harrison, and Shashank Samant, GlobalLogic, Inc. is headquartered in McLean, Virginia.
Overview & Corporate Organization
Basic Information
| Company Tags: | PE Backed VC Backed |
| Year Founded: | 1998 |
| Formerly Named: | Induslogic Induslogic, Inc. |
| Fiscal Year End: | 12/31 |
| 1YR Revenue Growth Rate: | View % |
| 3YR Revenue Growth Rate (CAGR): | View % |
| 1YR Employee Growth Rate: | View % |
| 3YR Employee Growth Rate (CAGR): | View % |
| City: | Vienna |
| State/Province: | Virginia |
| Country: | United States |
| Phone: | View |
| Website: | www.globallogic.com |
Corporate Organization
| Subsidiaries: | Rofous Software |
| Founders: | Peter Harrison Sanjay Singh Shashank Samant |
Industry Information
PrivCo Industries (Sector > Industry > Sub-Industry)
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
Competitors & Comparables
Competitors
| Infosys Technologies Limited |
| Wipro Limited |
Charts, Financials, and Statistics (Table Format)
Copy & Paste Financials Into Spreadsheet or
| Financial Notes: | |
| * | GlobalLogic, Inc. fiscal year end: 12/31 |
Charts, Financials, and Statistics (Graphs)
(Copy and paste into spreadsheet or export all GlobalLogic, Inc. financials to Excel and create your own graphs.)
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GlobalLogic, Inc. Revenues ($ MM): |
GlobalLogic, Inc. Total Employees: |
GlobalLogic, Inc. Productivity (Revenue/Employee) ($): |
Mergers & Acquisitions
| Date | Status | Target | Buyer | Deal Type | Price | |
| Details | Sep. 2006 | Completed | View | View | Merger | View |
| Details | Oct. 2008 | Completed | View | View | Acquisition | View |
| Details | Feb. 2010 | Completed | View | View | Acquisition | View |
| Details | May. 2011 | Completed | View | View | Acquisition | View |
| Details | Sep. 2011 | Completed | View | View | Acquisition | View |
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VC/Funding Activity
| Date | Investor | Round | Investor Type | |
| Jan. 2003 | New Atlantic Ventures | A | Venture Capital | |
| Jan. 2003 | Unspecified Investors | A | ||
| Details | Total Round A $1,696,925 | |||
| Mar. 2006 | View | B | Venture Capital | |
| Mar. 2006 | View | B | Venture Capital | |
| Mar. 2006 | View | B | Venture Capital | |
| Details | Total Round B View | |||
| Feb. 2008 | View | C | Venture Capital | |
| Feb. 2008 | View | C | Venture Capital | |
| Feb. 2008 | View | C | Venture Capital | |
| Details | Total Round C View | |||
| Apr. 2010 | View | Other | Investment Banking Firm | |
| Details | Total Round Other View | |||
| Jul. 2011 | View | Other | Private Equity | |
| Jul. 2011 | View | Other | Venture Capital | |
| Jul. 2011 | View | Other | Venture Capital | |
| Details | Total Round Other View | |||
| Aug. 2011 | View | Other | Private Equity | |
| Aug. 2011 | View | Other | Venture Capital | |
| Aug. 2011 | View | Other | Venture Capital | |
| Details | Total Round Other View | |||
| Aug. 2012 | View | Unspecified | Venture Capital | |
| Details | Total Round Unspecified View | |||
| Total of Funding Shown Above View | ||||
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Detailed Business Description: GlobalLogic, Inc.
Business Overview
GlobalLogic, Inc., formerly named Induslogic, is a provider of software as a service solutions, software development, and information technology consulting services. GlobalLogic customers cover the enterprise technology, telecommunications, digital media, e-commerce and medical devices industries. Notable customers include Zappos, Kodak, and Avid. GlobalLogic offers hundreds of products and services and has over 5,000 employees working primarily in Asia but also around the world in Europe, North America, and South America. GlobalLogic’s main business area is offshore software research and development.
GlobalLogic utilizes a selective acquisition strategy to grow the company. Several acquisitions in the United States, Europe, Argentina, China, and India have greatly expanded the number of employees at GlobalLogic and the number of products and services provided. The acquisitions also serve to expand the overall client base that GlobalLogic can draw from to… Continue Reading →
Exhibits
Supplemental Resources
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