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Valuation

$2B

2020 Revenue

$654.2M

Customers

100M

Funding

$6.8M

Avg ACV

$7

Team

661

Founded

1992

How HCL Software CEO Mark Ling grew to $654.2M revenue and 100M customers in 2020.

HCL Technologies Software Division (HCLTechSW) is a subsidiary of HCL Technologies, a global technology company headquartered in India. HCLTechSW offers a wide range of software products and services, including enterprise software solutions, engineering and R&D services, digital and analytics services, and cybersecurity services. The company serves clients across various industries, such as healthcare, finance, manufacturing, retail, and telecommunications, among others. With a global presence in over 50 countries, HCLTechSW has a diverse workforce of over 21,000 professionals who help their clients leverage technology to drive innovation and growth.

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HCL Software Revenue

In 2020, HCL Software's revenue reached $654.2M. The company previously reported $586.2M in 2019. Since its launch in 1992, HCL Software has shown consistent revenue growth.

HCL Software Revenue GrowthReported revenue / ARR over time$0$150M$300M$450M$600M$750M199219941996199820002002200420062008201020122014201620182020$0$654MSource: GetLatka.com
YearMilestoneQuote
2020HCL Software Hit $654.2m revenue in December 2020
2019HCL Software Hit $586.2m revenue in December 2019
1992Launched with $0 revenue

HCL Software Valuation, Funding Rounds

HCL Software's most recent disclosed valuation is $2B.

HCL Software has raised $6.8M in total funding across 1 round, with its most recent round in 1999.

HCL Software Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$2M$0.4$3M$0.6$5M$0.8$6M$1$8M19921993199419951996199719981999Source: GetLatka.com
YearRoundAmountValuation% SoldQuote
1999Funding round$6.8M--

Founder / CEO

Mark Ling

Mark Ling is listed as Founder / CEO at HCL Software.

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Customers

HCL Software serves 100M customers.

HCL Software Employees & Team Size

HCL Software employs approximately 661 people as of 2026, up from 637 in 2019, including 56 sales reps that carry a quota. It serves 100M customers that rely on its solutions.

HCL Software Team GrowthReported headcount over time015030045060075019921994199619982000200220042006200820102012201420162018202000661661Source: GetLatka.com
YearMilestone
2020Reached 661 employees (December 2020)
2020Reached 1 employees (August 2020)
2020Reached 644 employees (June 2020)
2019Reached 637 employees (December 2019)
2018Reached 631 employees (December 2018)

Frequently Asked Questions about HCL Software

What is HCL Software's revenue?

HCL Software generates $654.2M in revenue.

Who founded HCL Software?

HCL Software was founded by Mark Ling.

Who is the CEO of HCL Software?

The CEO of HCL Software is Mark Ling.

How much funding does HCL Software have?

HCL Software raised $6.8M.

How many employees does HCL Software have?

HCL Software has 661 employees.

Where is HCL Software headquarters?

HCL Software is headquartered in Waltham, Massachusetts, United States.

Compare HCL Software to the industry

HCL Software operates across multiple industries. Browse revenue, funding, and growth data for HCL Software in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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HCL Software Revenue 2020: $654.2M ARR, $2B Valuation