SOURCE: GlobalLogic Inc.

GlobalLogic Inc.

April 14, 2010 08:39 ET

GlobalLogic Adds to Investor Base

MCLEAN, VA--(Marketwire - April 14, 2010) - GlobalLogic today announced that it has added a new investor to its portfolio of backers: a private equity fund managed by Goldman Sachs Asset Management. GlobalLogic's current investors include Sequoia Capital, Draper Atlantic/New Atlantic Ventures and New Enterprise Associates. The addition of this blue-chip investor further strengthens GlobalLogic's financial backing and provides the company access to invaluable advice and assistance from a world-recognized asset management firm.

About GlobalLogic
The leader in software R&D services, GlobalLogic Inc. partners with technology firms and software-enabled businesses to deliver quality products to market rapidly and cost-effectively. GlobalLogic has created a network of global innovation hubs in the US, India, Ukraine, China and Argentina that involve more than 3,000 of the brightest and most innovative software minds. Connecting GlobalLogic's hubs and clients is Velocity, an award-winning platform that cultivates rapid Agile collaboration. GlobalLogic provides clients with a range of R&D services, including advisory, customer research, ideation, product engineering, QA/IVT, support and maintenance, and product line management. The company has ongoing partnerships with more than 150 clients in markets such as Digital Media, Electronics, Finance, Healthcare, Infrastructure, Retail and Telecom. For more information, visit www.globallogic.com.

Contact Information

  • Media Contacts:

    Argentina
    Sebastian Gryngarten
    GlobalLogic, Inc.
    (+54) 11.4394.2121
    Email Contact

    US
    Karin Nauth-Shelley
    GlobalLogic, Inc.
    (1+) 408.250.3505
    Email Contact

    UK, China
    Milind Patwardhan
    GlobalLogic, Inc.
    (+1) 408.476.6850
    Email Contact

    India
    Harun Rashid
    GlobalLogic, Inc.
    (+91) 981.125.8061
    Email Contact

    Abhijit Kaur
    The PRactice for GlobalLogic, Inc.
    (+91) 935.068.9996
    Email Contact

    Ukraine
    Roman Khmil
    GlobalLogic, Inc.
    (+38) 044.492.9695, ext. 2201
    Email Contact

    Israel
    Eli Schwarzfuchs
    GlobalLogic, Inc.
    (+972) 3.755.1300
    Email Contact