# iSoftStone Information Technology (Group) Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/isoftstone-information-technology-group-co

- Industry: Outsourcing
- Headquarters: Beijing, China
- Website: www.isoftstone.com
- Total disclosed funding: $59M
- Latest round: Series C (Dec 14, 2015)
- Investors on record: 10

## About

Based in Beijing, China and established in 2005, iSoftStone Information Technology (Group) Co., Ltd. previous known as iSoftStone Information Service Corp., is a technology company that provides outsourced technology services, including consulting & solutions, IT services and business process outsourcing services. As of March 2022, the company has nearly 100 branches and 20 global delivery centers in 40 cities around the world, with a total of more than 50,000 employees. The company serves more than 1,000 domestic and foreign customers, including 200 client that is top 500 in the global. As of June 2021, the company has 611 items of computer software copyrights, 42 items of patents. Also, the company has man certifications, such as CMMI Level 5, Software Service Provider Delivery Capability Level 1, ISO22301, ISO4500. In March 2022, iSoftStone Information Technology (Group) Co., Ltd. raised CNY 4.629 billion in an IPO, selling 63.52 million shares at CNY 72.88 per share on the Shenzhen Stock Exchange, under ticker 301236.

The company can provide customers with end-to-end digital products and services, including software and digital technology services, and digital operations services. The software and digital technology services include design, R&D, testing, data processing, operation and maintenance of software, information system, and circuit products, according to client's requirements. The digital operation services include customer services, digital content services, and business processes services. Those services used in the fields of the communication equipment, internet, financial, and advance manufacturing. 

In 2020, the company's revenue is 12.99 billion, net income is 1.36 billion.

The company plans to use an IPO funding to build delivery centers and R&D centers, to perform industry digital transform products and solution projects, to upgrade digital operation platforms and enterprises internal service platforms, and to introduce talents.

## Funding rounds

- Series C, Dec 14, 2015 — Primavera Capital Group, China Renaissance, BOC International, Huagai Capital, E Fund Overseas Investment, HSG
- Series B, Mar 16, 2007, $45M — Mitsui Global Investment, AsiaVest Partners, IPV Capital Partners, Eight Roads Ventures
- Series A, Dec 2, 2005, $14M — AsiaVest Partners, IPV Capital Partners

## Investors

- AsiaVest Partners — Series A, Series B
- IPV Capital Partners (https://capitalatlas.ai/funds/ipv-capital-partners) — Series A, Series B
- Mitsui Global Investment (https://capitalatlas.ai/funds/mitsui-global-investment) — Series B
- Eight Roads Ventures (https://capitalatlas.ai/funds/eight-roads-ventures) — Series B
- Primavera Capital Group (https://capitalatlas.ai/funds/primavera-capital-group) — Series C
- China Renaissance (https://capitalatlas.ai/funds/china-renaissance) — Series C
- BOC International (https://capitalatlas.ai/funds/boc-international) — Series C
- Huagai Capital (https://capitalatlas.ai/funds/huagai-capital) — Series C
- E Fund Overseas Investment (https://capitalatlas.ai/funds/e-fund-overseas-investment) — Series C
- HSG (https://capitalatlas.ai/funds/hsg) — Series C