Aeturnum Company Profile

Background

Aeturnum is a global software development firm specializing in early-stage technology products and companies. Founded in 2001, the company is headquartered in Bedford, Massachusetts, with an engineering facility in Colombo, Sri Lanka. Aeturnum focuses on delivering high-quality, enterprise-grade products within the shortest time-to-market, emphasizing cost efficiency. The company has a proven track record, having helped over 70 startups and launched more than 80 products in less than two decades, many of which were acquired by leading global technology players.

Key Strategic Focus

Aeturnum's strategic focus includes:

Core Objectives: Accelerating product development timelines by up to 40-50% through a combination of expertise in the latest applications and Agile product engineering methodologies.

Areas of Specialization: Providing application development services, including custom design and development, CTO services, and leveraging their proprietary software platform, Athiva, to deliver essential business services efficiently.

Key Technologies Utilized: Employing a modular, technology-agnostic platform built on standardized, non-proprietary technologies, including PostgreSQL, PHP, and JBoss, to integrate with existing systems or upgrade legacy platforms.

Primary Markets Targeted: Focusing on technology startups and independent software vendors (ISVs) seeking rapid product development and go-to-market strategies.

Financials and Funding

Aeturnum is a privately held company with an estimated annual revenue between $10 million and $50 million. The company has experienced significant growth, with revenues doubling in Q3 2021 to over $2 million compared to the same quarter in the previous year. While specific details about funding rounds and investors are not publicly disclosed, Aeturnum's expansion and financial performance indicate strong investor confidence and a solid financial foundation.

Pipeline Development

Aeturnum has a robust pipeline, having launched over 80 products for more than 70 startups in less than two decades. Many of these products have been acquired by leading global technology companies, demonstrating the company's effectiveness in bringing innovative solutions to market. The company's focus on early-stage technology products positions it well to continue developing and scaling products that meet the evolving needs of the tech industry.

Technological Platform and Innovation

Aeturnum's technological platform and innovations include:

Proprietary Technologies: The company utilizes Athiva, a suite of pre-built software modules that accelerate the go-to-market process for technology initiatives by customizing modules to meet specific startup requirements.

Significant Scientific Methods: Aeturnum employs Agile product engineering methodologies combined with a modular, technology-agnostic platform to enhance development efficiency and product quality.

Leadership Team

Aeturnum's leadership team comprises experienced professionals dedicated to driving the company's mission and vision:

Menuke de Silva: Chief Executive Officer (CEO)

Professional Background: With over two decades of experience in software engineering, Menuke has been instrumental in Aeturnum's growth since 2006, managing product strategy, project delivery, and global engineering teams.

Key Contributions: Empowered startups and ISVs to bring innovative, scalable software solutions to market.

Lasitha Weerasinghe: Chief Software Architect

Professional Background: A founding team member with over 20 years in software engineering, Lasitha leads innovation, mentors teams, and delivers scalable solutions for global clients.

Key Contributions: Shaped the company's technical foundation and strategic direction.

Viyangie Dilshara: Chief Accounting Officer

Professional Background: Joined Aeturnum in 2012, leading finance functions across the US and Sri Lanka, driving strategic planning, compliance, and team growth.

Key Contributions: Strengthened Aeturnum’s operational and financial foundation.

Kushan Yapa: Director of Engineering & Operations

Professional Background: Brings over 22 years of leadership experience across UAE, Australia, and Sri Lanka, driving technology delivery and managing high-performing teams.

Key Contributions: Led Aeturnum’s Sri Lanka operations, enhancing technology delivery and team performance.

Sumedha Nuwan: Associate Director - MIS

Professional Background: An accomplished IT professional leading the transformation of the MIS team by integrating DevOps, TechOps, AIOps, and AI technologies.

Key Contributions: Enhanced customer success and operational efficiency through innovative solutions.

Udesh Seneviratne: Associate QA Manager

Professional Background: With a 12-year tenure at Aeturnum, Udesh has advanced through roles in quality assurance, showcasing deep knowledge and commitment to product quality.

Key Contributions: Ensured the delivery of reliable software solutions.

Thilak Gunaratne: Program Manager

Professional Background: Led transformative projects across various domains, including FinTech, Healthcare, and IoT, focusing on innovation and technical leadership.

Key Contributions: Strengthened Aeturnum's commitment to information security and operational excellence.

Shihan Senanayake: Program Manager

Professional Background: Led impactful projects across Hospitality, Finance, and Enterprise domains, specializing in scalable systems and AI-driven solutions.

Key Contributions: Delivered technology that drives business growth and customer success.

Pumudi Vidanagama: Project Manager

Professional Background: A proven leader in project management, known for driving complex initiatives with clarity and purpose.

Key Contributions: Empowered individuals to grow, collaborate, and embrace continuous improvement.

Varuna Prasad: Senior Software Architect

Professional Background: With over 18 years at Aeturnum, Varuna has shaped some of the company's most successful projects, delivering innovative designs that are both functional and inspiring.

Key Contributions: Provided exceptional creativity and professionalism in software architecture.

Andre Perera: Associate UI Architect

Professional Background: Since 2008, Andre has transformed Aeturnum's approach to UI design, bringing over 20 years of experience in UX and UI design.

Key Contributions: Enhanced customer experiences through innovative and scalable solutions.

Marco Arias: Onsite Technical Lead

Professional Background: Since 2010, Marco has advanced through key technical leadership roles, contributing to innovative solutions across various industries.

Key Contributions: Aligned technology with strategic goals to optimize operations and deliver impactful results.

Rajat Bhakhri: Founder & Advisory Board Member

Professional Background: As the visionary behind Aeturnum's success since its inception, Rajat has deep expertise in the startup ecosystem, leading the company to empower numerous startups.

Key Contributions: Provided strategic insights that shape the company’s direction, ensuring its lasting impact on the tech industry.

Competitor Profile

Market Insights and Dynamics

The global software development industry is characterized by rapid technological advancements and a growing demand for agile, scalable, and cost-effective solutions. Companies like Aeturnum, ...

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