E5 Systems
Application life cycle services in the united states.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
N/A | Acquisition | ||
| Total Funding | 000k | ||
E5 Systems, established in 2002, operated as a technology services company providing information technology outsourcing. The company's headquarters were located in Sterling, Virginia. E5 Systems was a privately held entity that successfully raised $14.5 million in funding from investors, including Bain Capital Ventures and G-51 Capital. The firm was led by President and Chief Executive Officer, Richard W. Stroup.
The company's business model centered on a combination of U.S.-based onshore project leadership with a technology delivery center located in Jinan, China. This structure was designed to provide cost-effective solutions to the U.S. marketplace. E5 Systems achieved the status of a Microsoft Gold Certified Partner, with competencies in Custom Development Solutions, Web Development, and Data Management Solutions. On October 8, 2013, the company was acquired by Lionbridge, marking a significant milestone in its history. One of its own strategic moves included the acquisition of Orbit-e Consulting on January 1, 2003.
E5 Systems provided a range of services that included application development and maintenance, quality assurance and testing, enterprise architecture design, and application re-platforming. The company also offered business process outsourcing and local strategic staffing services. Its client base spanned several industries, including hospitality, bio-technology, financial services, insurance, and healthcare. The service portfolio was aimed at helping clients with portfolio management, legacy system transformation, and achieving strategic business alignment.
Keywords: IT outsourcing, application development, technology services, business process outsourcing, global sourcing, legacy transformation, quality assurance, strategic staffing, enterprise architecture, data management solutions, web development, Lionbridge acquisition, Bain Capital Ventures, G-51 Capital, Richard W Stroup, US-China IT services, Orbit-e Consulting, IT services for healthcare, IT services for finance, IT services for hospitality