Rocket Software

Rocket Software

This is the official corporate handle of Rocket Software. It's not rocket science. It's Rocket Software. Learn more
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DateInvestorsAmountRound

$20.0m

Debt
N/A

$91.9m

Early VC

N/A

Grant

$2.0b

Valuation: $2.0b

Buyout
Total FundingAUD142m

Recent News about Rocket Software

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Rocket Software is a technology company that specializes in helping businesses modernize their legacy systems, particularly those running on IBM platforms like IBM i and IBM Z. The company provides a range of software solutions and services aimed at improving the performance, security, and functionality of these older systems. Rocket Software serves a diverse client base, including large enterprises in sectors such as finance, healthcare, and manufacturing, which rely heavily on mainframe and midrange systems for their critical operations.

Operating in the enterprise software market, Rocket Software focuses on application modernization, process automation, data management, and DevOps (a set of practices that combines software development and IT operations). The company’s business model revolves around selling software licenses, providing subscription-based services, and offering professional services such as consulting and technical support.

Rocket Software makes money through multiple revenue streams. These include one-time sales of software licenses, recurring revenue from subscription services, and fees for consulting and support services. By helping companies modernize their existing IT infrastructure, Rocket Software enables its clients to extend the life of their legacy systems, improve efficiency, and reduce operational risks.

In summary, Rocket Software is a key player in the enterprise software market, providing essential tools and services to businesses that rely on IBM systems. The company’s focus on modernization, automation, and data management helps its clients stay competitive in a rapidly evolving technological landscape.

Keywords: IBM systems, legacy modernization, enterprise software, mainframe, midrange, application modernization, process automation, data management, DevOps, consulting services.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Rocket Software

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Zumasys, Inc
ACQUISITION by Rocket Software Oct 2021
ASG
ACQUISITION by Rocket Software Apr 2021
Computer Corporation of America
ACQUISITION by Rocket Software Mar 2010
Arkivio
ACQUISITION by Rocket Software Jan 2008
StorageNetworks
ACQUISITION by Rocket Software Dec 2003
Mainstar Software
ACQUISITION by Rocket Software Jul 2006
Fundi Software
ACQUISITION by Rocket Software Sep 2018
Key Resources
ACQUISITION by Rocket Software Mar 2023
BOS DigiTec
ACQUISITION by Rocket Software Sep 2023