GlobalLogic Adds to Investor Base

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.