What is Microland?
Founded in 1989 and headquartered in Bengaluru, India, Microland is a provider of custom software and comprehensive information technology services. The company's offerings span critical business functions, including data processing, facilities management, and security assurance, catering to a diverse enterprise clientele seeking robust IT solutions.
How much funding has Microland raised?
Microland has raised a total of $18.3M across 2 funding rounds:
Other Financing Round
$7.3M
Other Financing Round
$11M
Other Financing Round (2005): $7.3M with participation from ICICI Bank and SYNNEX
Other Financing Round (2006): $11M led by Icon Ventures, Trident Capital, Cargill Ventures, Black River Asset Management, and Intel Capital
Key Investors in Microland
ICICI Bank
ICICI Bank is a prominent private financial service and banking company in India, offering a broad spectrum of personal banking services including loans, credit cards, savings, insurance, and investments. Headquartered in Mumbai, India, it plays a significant role in the Indian financial landscape.
Icon Ventures
Icon Ventures is an early-stage venture capital fund based in Palo Alto, CA, specializing in AI-native and AI-powered companies. They offer capital, deep expertise, and strong industry relationships to help build transformative companies.
Trident Capital
Trident Capital is a multistage venture capital firm that has invested in over 180 companies since 1993. They have recently launched a new fund focused on cybersecurity, expanding their investment strategy in this critical sector.
What's next for Microland?
The recent major strategic investment signifies a pivotal moment for Microland, likely enabling further expansion of its service portfolio, technological innovation, and market reach. This capital infusion is expected to fuel the company's next phase of growth, reinforcing its capabilities in custom software development and IT services to meet evolving enterprise demands.
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