Company Overview - Simeio
Simeio provides professional services for numerous avenues of security, including CyberSecurity, Identity and Access Management (IAM), Identity as a Service (IDAAS), and planning and managing current and future security needs. As they are a privately held company, no specific financial information is available as it relates to funding and revenue, however estimations are included in this write-up. What follows is a list of the services provided by Simeio (as previously mentioned above), as well as the leadership team for Simeio, and information as it relates to their funding status and subsequent available information. We found no evidence of any acquisitions having been made by the company.
Name: Simeio Solutions
Founding Date: July 21, 2007
Estimated Revenue: $5 Million. Please note, this is only an estimation, as no financial information is publicly available as Simeio is a privately held company.
Funding Stage: Privately held (working on growth capital)
Funding amount: Estimated that they received $1 million in funding in April 2015, which is when they partnered with the investment firm Welsh, Carson, Anderson & Stowe.
IDENTITY OF OWNERS AND INVESTMENT FIRM(S)
Hemen Vimadalal, Chief Executive Officer. Hemen is the founder of Simeio, and previously worked with Vaau from its beginning, where he gained experience “as the leader in the identity and access management industry”.
Krishna Prabhu, President and COO. Krishna previously worked for NTT data, where he was the COO of Financial Services & Insurance. He has over 23 years of experience working with managing client relationships across numerous industries, “including Financial Services, Consumer/Retail, Manufacturing, Telecom, Healthcare & Life Sciences”.
Naynesh Patel, Executive Vice President. Prior to Simeio, Naynesh worked for KPMG as practice director and leader for identity and access management services. He has “over 15 years of experience in the implementation, strategy, design and assessment of identity and access management solutions for clients” in numerous industries.
Shawn Keve, Executive Vice President. Shawn works in sales, business development, channel partners, and marketing for Simeio, and has grown the business 20 times, “making Simeio one of the fastest growing companies in North America”. Prior to Simeio, Shawn was the Consulting Director at Oracle.
Elizabeth Shannon, Vice President of Finance. Elizabeth works with the global finance and accounting teams for Simeio, and was the Senior Finance Leader of Coregistics; Motorola Solutions, Inc. prior to working for Simeio.
Asif Savvas, Managing Director. Asif works with sales and delivery for Simeio Canada and Simeio Gulf IAM practices. Prior to Simeio, he worked at Sun/Oracle, dealing with providing identity solutions for clients in Canada.
Anshuman Chakravartty, Managing Director. Anshuman works with sales and delivery for Simeio, and works with “sales and delivery enablement, business development and operations”. Prior to Simeio, he worked at Vaau, developing solutions for security and identity programs.
Siddharth Gandhi, Head of India. Siddharth manages the cost center for Simeio in India, and is also “responsible for Simeio’s Gulf operations, part of global delivery operations and MIS”. Prior to Simeio, he worked for Karma Capital Advisors as their Assistant Vice President.
Welsh, Carlson, Anderson & Stowe is an investment firm that partnered with Simeio in April 2015. It is estimated that their investment amount was $1 million USD.
Products / services
Simeio will provide the following identity solutions, through various products (4) listed below:
IDENTITY SOLUTIONS: Identity Access Governance and Administration, Identity Administration, Privileged Identity Management, Access Management and Federation, Core Directory Services, Risk Intelligence, Data Security & Loss Prevention, and Cloud Security.
(1) IAM Planning and Consulting Services:
IAM (Identity and Access Management). Simeio provides “initial needs assessment and strategy development all the way through solution design and implementation”. They work with their clients to address their needs, and help form a plan that is tailored specifically to them.
Simeio will provide support to clients that already have an IAM solution in place, but don’t know how to implement it. They’ll also help improve performance of an existing IAM solution, and create a plan to help the company succeed in the future.
(3) Managed IDAAS Services (Identity As a Service):
Provide secure access for all employees, and gives a single point of contact for the client’s operations and support team, and will work directly with your IT team for day-to-day operations
Provide updates and upgrades for a client’s IAM software, as well as help move information onto the cloud, and will continue to manage any necessary updates in the future.
Founded in 2007, Simeio is a privately held company that provides advanced security services for their clients, as it relates to IAM Planning and Consulting Services, IAM Implementation, Managed IDAAS Services, and Optimization Services. With 100 – 250 employees, their estimated revenue is $5 million USD (estimated because they are a privately held company, so no financial information is made public).