COMPANY INFO
The actual company name is International Business Machines Corporation (IBM). It was founded in 1911 as the Computing-Tabulating-Recording Company by George Winthrop Fairchild, Charles Ranlett Flint, and Herman Hollerith. IBM has approximately 270,300 employees as of 2024. The company's website is ibm.com, and it operates primarily in the information technology industry. IBM is a multinational technology company that provides a wide range of products and services including automation, artificial intelligence, cloud computing, consulting, and quantum computing. It is known for its innovation in computing hardware, software, and services, helping clients solve complex business problems and drive digital transformation globally.
IBM, short for International Business Machines Corporation, is a global leader in information technology, founded in 1911 by George Winthrop Fairchild, Charles Ranlett Flint, and Herman Hollerith. Headquartered in Armonk, New York, IBM operates across industries with a workforce of approximately 270,300 employees as of 2024. The company is renowned for its innovation in automation, artificial intelligence, cloud computing, consulting, quantum computing, and has historically played a pivotal role in digital transformation by delivering advanced hardware, software, and IT solutions to clients worldwide.
IBM’s funding history illustrates a unique path among tech giants, with capital raised through a blend of public offerings, grants, and prize money. Over 64 funding rounds—which include 62 grant (prize money) rounds, 1 post IPO round, and 1 debt round—IBM has secured substantial backing for innovation, R&D, and growth initiatives. The total amount raised remains largely undisclosed; however, the company’s largest disclosed funding round was a $150 million post IPO round in December 2012. More recently, IBM has focused on grant funding, largely from the European Union, to support cutting-edge research and technology development, reaffirming its strategy of investing heavily in next-generation innovations and collaborative projects.
This most recent grant round, backed by the European Union, was provided to support research and development initiatives, indicating IBM’s ongoing commitment to innovation in key technology domains.
Awarded by the European Union, this round funded additional R&D projects within IBM, focusing on advancing technology solutions and fostering collaboration within the IT sector.
A further European Union grant, this funding round underpinned specific research endeavors to accelerate IBM’s development efforts in select technological areas.
This grant, also from the European Union, was allocated to support IBM’s continued innovation in research and development, sustaining its leadership in information technology.
Another European Union grant for research and development, this round backed IBM’s pursuit of advancements in automation, AI, and IT infrastructure.
IBM’s largest disclosed funding round, this post IPO capital raise supported the company’s public offering objectives and provided significant capital for business expansion and strategic initiatives.
The European Union is a recurring and pivotal investor for IBM, especially in the company’s R&D-focused grant rounds. Through multiple funding infusions, the EU has enabled IBM to accelerate its development projects and maintain a leading edge in global technology innovation. Their investments underscore a strategic partnership targeting collaborative technological and scientific advancements.
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