Globant Garners $13,000,000 New Financing Round

  • Feed Type
  • Date
    12/3/2008
  • Company Name
    Globant
  • Mailing Address
    34 Hayden Rowe Street Hopkinton, MA 01748
  • Company Description
    Globant is the Latin American leader in Software Product Development and Maintenance outsourcing, enabling a faster time to market at the lowest total cost.

    At Globant, our main strategy is to proactively invest in initiatives for a rapid and efficient development of our products. A team of the brightest software engineers and infrastructure architects work together with our Creative Studios and Innovation Labs to produce appealing software for the most demanding consumers.

    Our approach of leveraging a rational blend of Open-Source with proprietary software gives our customers agility and flexibility while mitigating risk and reducing total cost. Our SmartStaffing TechnologyTM also yields high performance teams, which increases estimation accuracy and reduces delivery time.

    Unlike offshore approaches, outsourcing from Latin America allows companies to benefit immensely from similar time zones and closer proximity, as well as economic, linguistic and cultural alignments.

  • Website
    http://www.globant.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $13,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    FTVentures
  • Venture Investor
    Undisclosed

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