HCL Software
Waltham, Massachusetts, United States
2020 Revenue
$654.2M
Customers
100M
Funding
$6.8M
Avg ACV
$7
Team
661
Founded
1992
HCL Software Revenue & Funding (2020)
HCL Software generated $654.2M in revenue 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.
Last updated
HCL Software Revenue
In 2020, HCL Software's revenue reached $654.2M. The company previously reported $586.2M in 2019.
| Year | Milestone | Source |
|---|---|---|
| 2020 | HCL Software Hit $654.2m revenue in December 2020 | Not recorded |
| 2019 | HCL Software Hit $586.2m revenue in December 2019 | Not recorded |
| 1992 | Launched with $0 revenue |
HCL Software Valuation, Funding Rounds
HCL Software has not publicly disclosed its valuation. The company has raised $6.8M in total funding to date.
HCL Software has raised $6.8M in total funding across 1 round, with its most recent round in 1999.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 1999 | Funding round | $6.8M | - | - | Not recorded |
Founder / CEO
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.
| Year | Milestone | Source |
|---|---|---|
| 2020 | Reached 661 employees (December 2020) | Not recorded |
| 2020 | Reached 1 employees (August 2020) | Not recorded |
| 2020 | Reached 644 employees (June 2020) | Not recorded |
| 2019 | Reached 637 employees (December 2019) | Not recorded |
| 2018 | Reached 631 employees (December 2018) | Not recorded |
Frequently Asked Questions about HCL Software
Is HCL Software still an independent company?
No. HCL Software was acquired by IBM.
What is HCL Software's revenue?
As of 2020, HCL Software generated $654.2M in revenue.
Who founded HCL Software?
HCL Software was founded by Mark Ling.
How much funding does HCL Software have?
HCL Software raised $6.8M across 1 round.
How many employees does HCL Software have?
As of 2020, HCL Software had 661 employees.
Where is HCL Software headquartered?
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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