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Dextrys

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Provider of software engineering and application services

Wakefield, United StatesFounded 1987Other B2B Software
Valuation $250–500M Last recorded · 2007
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Dextrys and the history behind them.

About Dextrys

The story begins not in the 90s, but in 1987, with the founding of a company that would later become Dextrys. Its journey, however, truly accelerates in the 2000s. Alan Perkins, the founder, steered the company through key milestones, establishing a national client base and a global perspective on IT solutions. The business provided product engineering and application outsourcing services to sectors like software, healthcare, and finance. A pivotal moment arrived in 2007. The private equity firm Francisco Partners invested $48 million, bringing in IT industry veteran Brian T. Keane. The company, formerly known as DarwinSuzsoft, rebranded to Dextrys with a clear mission: to become a leading global IT services firm by leveraging offshore resources in China. With its US headquarters and development centers in Chinese cities like Suzhou and Shanghai, Dextrys offered clients a model that combined onsite project management with offshore development. The final chapter for Dextrys as an independent entity was written on June 21, 2016. The company was acquired by EPAM Systems, a global software engineering and solutions provider. The acquisition was a strategic move for EPAM to enhance its own global delivery capabilities and expand its footprint in China, adding over 1,000 Dextrys employees and new delivery centers to its operations. For Dextrys, the acquisition marked the culmination of its journey from a domestic IT firm to a key player in the China-US outsourcing corridor.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
1987
Headquarters
Wakefield, United States
Employees
165
Open positions
None listed
Dealroom signal
57.1/100
Industry
Enterprise Software
Sector
Other B2B Software
Client focus
b2c

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Jun 2016 $0 — EPAM Systems —
LATE VC✓Equity / VC Aug 2007 $48M $192M Francisco Partners —
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Growth signals

Dextrys website traffic

Latest recorded traffic for Dextrys is 0 monthly website visits. Dextrys's team declined 32.7% over the past year.

Latest monthly visits0 1-year team growth-32.7%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

2 investors on the cap table

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

Series B and later1 investor entered at this stage

  • Francisco Partners

Other known investors1 additional known investor

  • EPAM Systems
Team profiled 20 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
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
2 countries with
team presence
🇨🇳 China87%
🇺🇸 United States13%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Dextrys 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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