Brillio Explained

Brillio Technologies
Type:Private
Logo Alt:Brillio
Founded:2014
Location:Santa Clara, California, U.S.
Industry:Information Technology
Key People:Raj Mamodia (CEO)
Services:IT Services

Brillio is a company focused on digital technologies and big data analytics headquartered in Santa Clara, California, United States[1]

History

Brillio was formed in 2014 when Collabera, an information technology (IT) recruiting and staffing company firm based in Morristown, New Jersey, spun off its IT services division.[2] [3]

In October 2014, Brillio acquired Marketelligent, a Bangalore-based analytics provider. founded in 2008.[4] [5] [6]

In April 2015, Brillio legally incorporated as its own entity under Brillio Holdings, Inc. in New Castle County, Delaware[7] and invested $3 million in Albeado, a Silicon Valley-based software company founded in 2010.[8] Raj Mamodia was a director of Albeado and participated in its seed funding in October, 2014.[9] In October, 2015, Brillio invested in Arundo Analytics, a Norway-based provider of analytical and predictive software.[10] Arundo had received seed funding in July 2015 from Northgate Capital.[11]

By 2016, Mamodia estimated 2,300 employees in the United States and India.[12]

In March 2018, Brillio acquired Comity Designs, a cloud and mobile service provider and Salesforce.com consulting partner founded by Dushyant Pandya in 2008.[13] In January 2019, private equity firm Bain Capital acquired a majority stake in the company.[14] [15] In August 2018, it announced it was in the Amazon Web Services (AWS) partner network.[16] In April 2019, it announced a partnership with the Blue Planet IT division of Ciena.[17] In December 2019, it became a Microsoft Azure managed service Provider (MSP).[18]

In July 2020, Brillio announced the acquisition of Cognetik, based in Cary, North Carolina with offices in Romania.[19]

In 2021, Brillio acquired Standav and Cedrus Digital.[20] [21]

In May 2023, Brillio acquired UK based cloud advisory firm CloudStratex.[22]

Brillio's CSR Program is called as Bringing Smiles.[23]

In September 2023, Brillio announced an investment by the Orogen Group[24]

Brillio conducted the National STEM Challenge in Pune, India, with more than 2,500 students from 200 schools participating. It is India’s only national-level STEM challenge designed to engage children from both urban and rural areas and foster their curiosity, innovation, and design thinking skills. [25]

In April 2024, Brillio named Ashish Singh to its Board of Directors [26]

Notes and References

  1. Web site: Brillio Identifies Top 2015 Technology Trends Focused on the Impact of the Digital Business Shift. www.finance.yahoo.com. 15 December 2014 . Yahoo Finance. 24 May 2016.
  2. Web site: Hiten Patel explains Collabera's spinoff of Brillio. www.bizjournals.com/. New York Business Journal. 24 May 2016.
  3. News: Collabera spins off next-gen tech business. The Times of India. 15 May 2014 . Times of India . 24 May 2016.
  4. Web site: Technology Consultant Brillio Acquires Marketelligent, Indian Data Analytics Startup . Business Insider. 2020-01-09.
  5. Web site: Brillio acquires India-based data analytics startup Marketelligent . Samir Makwana . October 20, 2014 . Tech in Asia . en-US. September 3, 2021 .
  6. Web site: US-based Brillio buys Indian data analytics start-up Marketelligent . Peerzada Abrar . October 29, 2014 . The Economic Times. September 3, 2021 .
  7. Web site: Brillio Holdings, Inc. - Delaware Company Name Search. delawarecompanysearch.com. en. 2018-09-12. https://web.archive.org/web/20180912092315/http://delawarecompanysearch.com/brillio-holdings-inc. 2018-09-12. dead.
  8. Web site: Albeado Raises $3M in Funding From Brillio. FinSMEs. April 29, 2015 . FinSMEs . en-US . September 3, 2021 .
  9. Web site: Form D: Notice of Exempt Offering of Securities . October 10, 2014 . September 3, 2021 . US Securities and Exchange Commission .
  10. Web site: Brillio Invests in Arundo to Expand Big Data Analytics for Heavy Industries . Martech Advisor . October 14, 2015 . Rohit Roy . en . September 3, 2021 .
  11. Web site: Form D: Notice of Exempt Offering of Securities . July 31, 2015 . September 3, 2021 . US Securities and Exchange Commission .
  12. News: Two Years Post Spin-Off, This CEO Now Aims His Company To Add $50000 Mln In Revenue By 2020 . Sneha Banerjee . June 14, 2016 . Entrepreneur India . September 3, 2021 . en.
  13. Web site: Brillio Acquires Comity Designs . March 19, 2018 . Press release . en . September 3, 2021 .
  14. Web site: Brillio Announces Investment by Bain Capital Private Equity . January 15, 2019 . Press release . en . September 3, 2021 .
  15. Web site: Tech Buy: Bain Capital PE acquires majority stake in Brillio. 2019-01-16. The Financial Express. en-US. 2020-02-23.
  16. News: Press release . Brillio . Brillio earns AWS Advanced Technology Partner status in the APN technology partner program . September 3, 2021 .
  17. Web site: Brillio and Blue Planet partner to bring network automation to the enterprise . Blue Planet . Rick Hamilton . April 24, 2019 . https://web.archive.org/web/20190626161959/http://www.blueplanet.com/blog/Brillio-and-Blue-Planet-partner-to-bring-network-automation-to-the-enterprise.html . June 26, 2019 . en-US . September 4, 2021 .
  18. Web site: Brillio named Microsoft Azure Expert Managed Service Provider (MSP) by Microsoft . December 12, 2019 . CRN - India . en-US . 2020-01-09.
  19. News: Brillio Acquires Cognetik: Mutual Analytics Focus . July 8, 2020 . Channel E2E . Ty Trumbull . September 3, 2021 .
  20. Web site: Dec 20, 2021 . Brillio Acquires Cedrus Digital to Strengthen Their Digital Transformation Service Capabilities in the Healthcare, and Financial . April 17, 2023 . Bloomberg.
  21. Web site: Bain Capital backed Brillio acquires Salesforce cloud service partner Standav . The Economic Times. Nov 11, 2021 . September 27, 2022.
  22. Web site: Brillio buys London-based CloudStratex . Times of India. May 3, 2023 . May 12, 2023.
  23. Paluri . Achuta Ratna . Sonwaney . Vandana . March 2022 . Brillio Technologies and 'Bringing Smiles' . Asian Journal of Management Cases . en . 19 . 1 . 20–38 . 10.1177/0972820121994961 . 0972-8201.
  24. Web site: September 5, 2023 . Bain-Backed Brillio Gets Funding From Citigroup Ex-CEO Vikram Pandit's Firm .
  25. Web site: National STEM Challenge .
  26. Web site: April 12, 2024 . Brillio Adds Bain & Co. Veteran to its Board of Directors .

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