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Astadia

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Cloud solutions consulting and systems integration for enterprises looking to accelerate business outcomes

Lynnfield, United StatesFounded 2002Other B2B Software
Valuation $25–50M Last recorded · 2008
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
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About Astadia

Astadia operates as a specialized technology consultancy focused on mainframe modernization and migration to cloud platforms. Founded in 1996, the company has established a long-standing presence in the IT services industry, assisting clients for over three decades with the complex challenges of updating legacy systems. While the original founders were B. Blake Wolff and J. Jerry Huskins, the company is currently led by Chairman and CEO Scott G. Silk, who joined in 2016 after leading several other technology firms. In November 2023, Astadia was acquired by Amdocs, a global software and services provider, a move intended to expand its reach and scale.

The company's core business revolves around moving IBM and Unisys mainframe applications and databases to distributed and cloud environments. It serves large enterprises and government organizations across sectors like finance, automotive, aviation, and federal agencies. Astadia addresses critical market needs driven by the shortage of skilled mainframe experts, rising legacy system costs, and the demand for greater business agility. Revenue is generated through a combination of consulting services and licensing its proprietary software platform.

Astadia's key offering is the FastTrack Platform, an automated software factory that industrializes the migration process. This platform significantly reduces project duration and risk by automating code transformation, data conversion, and testing. It supports the conversion of legacy programming languages like COBOL, Assembler, and Natural into modern languages such as Java or C#, and migrates legacy databases like ADABAS and IDMS to contemporary SQL databases. The platform includes specific tools like CodeTurn for code transformation, DataTurn for data conversion, and TestMatch for automated testing, which can be deployed on-premise or via a Platform-as-a-Service (PaaS) model. A significant milestone was the acquisition of the Belgian software company Anubex in March 2021, which enhanced Astadia’s automation and refactoring capabilities, solidifying its position in the market.

Source: Dealroom company data

At a glance

Founded
2002
Headquarters
Lynnfield, United States
Sector
Other B2B Software

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A4 investors entered at this stage

Team profiled 38 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
8 countries with
team presence
🇺🇸 United States85.9%
🇧🇪 Belgium5.4%
🇮🇳 India3.3%
🇿🇦 South Africa1.1%
🇩🇪 Germany1.1%
Top 5 of 8 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Astadia on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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