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How Wafer Space CEO Rahul Malvi grew Wafer Space to $13.4M revenue with a 159 person team in 2021.

ALTEN Calsoft Labs is a provider of information technology and product engineering services. The company offers digital transformation, technology consulting, enterprise IT and product engineering services for enterprises in health care, education, ISV, networking and telecom, high-tech and retail industries. It was founded in 1992 and is headquartered in Santa Clara, California. ALTEN Calsoft Labs seeks to expand and increase the technological capacities of the firm, enabling them to handle multiple IT solutions through mergers, acquisitions and investments. It was acquired by Alten in January 2011.

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Wafer Space Revenue

In 2021, Wafer Space's revenue reached $13.4M. Since its launch in 1992, Wafer Space has shown consistent revenue growth.

Wafer Space Revenue GrowthReported revenue / ARR by year$0$3M$6M$9M$12M$15M1992199419961998200020022004200620082010201220142016201820202021$0$13MSource: GetLatka.com
YearMilestone
2021Wafer Space Hit $13.4m revenue in April 2021
1992Launched with $0 revenue

Wafer Space Valuation, Funding Rounds

Wafer Space's most recent disclosed valuation is $40.1M.

Wafer Space is a bootstrapped Enterprise IT Management Software startup. Founded in 1992, Wafer Space has grown to $13.4M in revenue without raising any venture capital or outside funding.

As a self-funded Enterprise IT Management Software SaaS company, Wafer Space has built its business with no outside investment.

Wafer Space Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$119921992 cumulative: $0 • 1992 Founded: $01992 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Wafer Space Employees & Team Size

Wafer Space employs approximately 159 people as of 2026.

Wafer Space has 159 total employees in different roles and functions.

Wafer Space Team GrowthReported headcount over time04080120160200199219941996199820002002200420062008201020122014201620182020202100159159Source: GetLatka.com
YearMilestone
2021Reached 159 employees (April 2021)

Founder / CEO

Rahul Malvi

Rahul Malvi is listed as Founder / CEO at Wafer Space.

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Customers

We do not have customer count information for Wafer Space yet.

Frequently Asked Questions about Wafer Space

What is Wafer Space's revenue?

Wafer Space generates $13.4M in revenue.

Who founded Wafer Space?

Wafer Space was founded by Rahul Malvi.

Who is the CEO of Wafer Space?

The CEO of Wafer Space is Rahul Malvi.

How much funding does Wafer Space have?

Wafer Space raised $0.

How many employees does Wafer Space have?

Wafer Space has 159 employees.

Where is Wafer Space headquarters?

Wafer Space is headquartered in India.

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Compare Wafer Space to the industry

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

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .