S
Sierra Atlantic
Leading e-business integrator, delivering internet time-to-market next-generation solutions
About Sierra Atlantic
Sierra Atlantic was established in 1993 by co-founders Raju Reddy, Sarath Sura, and Yeshwanth Reddy, with its headquarters in Newark, California. Raju Reddy, who served as the CEO, brought a decade of experience in software development and management from his time at Intel, which shaped the company's trajectory. The firm began as a self-funded venture and initiated key business alliances with Oracle and Microsoft in 1994.
Read full description
The company specialized in offshore IT outsourcing, offering a comprehensive portfolio of enterprise application services and outsourced product development. Its core business involved providing implementation, management, development, and support for enterprise software systems like Oracle, PeopleSoft, and Microsoft for a client base that included Fortune 1000 companies and small to medium-sized enterprises. Sierra Atlantic operated across various sectors, including manufacturing, life sciences, financial services, and retail. The business model was centered on leveraging a global delivery system, with major development centers in Hyderabad, India, and Guangzhou, China, to provide cost-effective IT services. Over the years, the company grew significantly, making four strategic acquisitions to expand its capabilities. In 1999, it secured $17.4 million in a Series A funding round from investors including New Enterprise Associates and Walden International.
A significant milestone in Sierra Atlantic's history was its acquisition by Hitachi Consulting in an all-cash deal announced in January 2011. At the time of the acquisition, Sierra Atlantic had approximately 2,400 employees globally. The transaction was a strategic move for Hitachi Consulting to aggressively expand its global footprint, particularly in offshore services, and to bolster its Oracle practice by integrating Sierra Atlantic's deep expertise and large pool of certified Oracle experts. The merger combined Hitachi's consulting strengths with Sierra Atlantic's offshore managed services, aiming to provide clients with end-to-end global lifecycle support.
Latest news
Press, funding announcements and product moves mentioning Sierra Atlantic.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Jan 2011 | $0 | — | Hitachi Consulting | — |
| SECONDARY✓Other financing | Jun 2010 | $700K | — | Inventus Capital Partners | — |
Growth signals
Latest recorded traffic for Sierra Atlantic is 50 monthly website visits, down 98.6% over the last three months. Sierra Atlantic's team declined 55.6% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later4 investors entered at this stage
NEA
Walden International
General Electric
Inventus Capital Partners
Other known investors1 additional known investor
Hitachi Consulting
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Sierra Atlantic 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
See Sierra Atlantic’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.