Ascendum Acquires Sourcebits

Contact: Paul Anthony, Marketing Director, 513.285.8385

Ascendum Acquires Sourcebits, a Sequoia and IDG backed Digital Innovation Company

Cincinnati-based technology solutions company buys leading-edge digital solutions company headquartered in San Francisco to accelerate business growth and deliver creative solutions to customers.

San Francisco, Cincinnati and Bangalore – Ascendum Solutions, a leading provider of information technology solutions and services, today announced that it entered into a definitive agreement to acquire privately held Sourcebits Inc., a digital innovation and customer experience company. Financial terms of the transaction are not being disclosed. The transaction is expected to close in the first quarter of 2017.

Sourcebits is a well-regarded digital strategy, design, implementation, marketing and lifecycle-management firm with offices in San Francisco, London and Bangalore, delivering transformative digital solutions to major global brands in retail, financial services, wellness, travel and technology sectors. Recognized as a “Cool Vendor” by Gartner, Sourcebits has created world-class products for over 400 clients across North America, Europe and Asia resulting in 700M+ app downloads.

“Today, enterprises are in a race to drive growth through digital transformation and deliver seamless, consistent and personalized experiences to their customers, employees and partners,” said Kris Nair, President and CEO at Ascendum Solutions. “Sourcebits’ outstanding capabilities around UI/UX design, innovation and digital technologies, combined with our market reach, customer base and experience, will ensure that our combined team will help our customers achieve their digital transformation goals in a timely effective manner and be leaders in their industry.”

Nair said that “Sourcebits’ acquisition will further bolster Ascendum’s Digital Business that offers digital strategy services, analytics, Internet of Things (IoT) and Cloud solutions to its clients worldwide. Ascendum’s global presence will enable Sourcebits to work with enterprise clients to drive innovation, develop insights and deliver outstanding products and services. The combined technology and expertise will also drive further investments in core IP that deliver scalable mobile and commerce apps.”

“We are excited about this agreement and look forward to working with Ascendum to be the leading digital transformation provider and a trusted partner for digital innovation” said Munish Gupta, Managing Director at Sourcebits.

Download the Ascendum Corporate Brochure


Ascendum Solutions provides innovative technology solutions, consulting and knowledge processing solutions to clients by leveraging industry expertise, global scale and technology excellence.

Ascendum’s success is based on its business and technology expertise, strategic partnerships and deep industry experience, which allow companies to innovate and succeed. Its delivery capabilities are driven by state-of-the-art delivery centers across the world and supported by modernized business processes. Headquartered in Cincinnati, Ohio, Ascendum has sales and support offices in Hamilton and Blue Ash, OH and New York, NY with offshore delivery centers located in Bangalore and Ahmedabad, India. Ascendum is a wholly owned subsidiary of the Vora Ventures Group, a Cincinnati-based, private equity group that specializes in building innovative IT companies worldwide. Visit us at or join the conversation on LinkedIn.


Sourcebits is a digital innovation, UX and technology company with experts in the fields of customer experience design, development and marketing services. Sourcebits designs, builds and manages enterprise mobile applications and creates additional value by building engaging omnichannel customer experiences. For more information, please visit

Sourcebits Technologies Opens State-of-the-Art India Development Centre


Company : Sourcebits
Thursday, January 14, 2016 12:39PM IST (7:09AM GMT)
Sourcebits Technologies Opens State-of-the-Art India Development Centre
Bangalore, Karnataka, India
  • Company aims to cate to the global market out of Bengaluru
  • New development centre built to encourage more collaboration and communication

Sourcebits Technologies, a mobile apps services company, has opened a new 250 seater state-of-the-art development centre in Bengaluru to expand its India operations and specifically with an eye to cater to the global market out of Bengaluru.

Munish Gupta, Head of Delivery & Operations said,”Sourcebits entered the innovative world of Mobile Apps Design and Development in 2006. Over the last decade, we have worked for Fortune 500 companies to start-ups and created a niche for ourselves in the Apps services space. Our new development centre is built to encourage more collaboration and communication by having completely open office with very few enclosed spaces.”

Sourcebits’ new India Development Centre in Bengaluru breaks away from the conventional work space and now offers an openness which is not only limited to the office space but it seeps into the culture of the organisation. The absence or lack of cabins is a reflection of the flat hierarchy that the organisation believes in.

The office interiors are based on the Agile process. The number of scrum boards which are part of the interiors is an indication of the agile process that the organisation has great faith in and adheres to. “We are trying to create an environment of Agile process in not only the projects we undertake but in every minute aspect.  Each one of our employees feel a strong sense of sharing and open communication, which is the underlying mantra to Sourcebits success” adds Munish Gupta.

Sourcebits is not just a workplace for the team but also a full-fledged recreation centre armed with a gaming room, library and a lot more.

Ask an employee and she’ll tell you “A great new office setup, full of energy and positive vibes is what makes Sourcebits a great workplace”.

About Sourcebits

Sourcebits was founded in 2006 and has created 600+ apps for its clients. Headquartered in San Francisco, the organisation constitutes industry experts and award-winning UI/UX visual designers and mobile app developers. More than 30 apps built by Sourcebits have reached the top 10 in the store category.  Sourcebits were ranked as the 38th fastest growing technology company on Lead 411’s Technology 500 list. Sourcebits has teams spread across US, Europe & India.

Photo Caption: 
Open work stations at office
Floor view of the Sourcebits Office

For News Release background on Sourcebits click here
Media Contact Details
Shobhit Bhatnagar, Sourcebits, +91 (80) 67500800,

Sourcebits Unveils App Fuel, Ushering in a New Era of Mobile App Services

SAN FRANCISCO, Calif. October 27, 2015 Sourcebits, a premier mobile app development company, today announced the launch of App Fuel, an innovative approach to providing mobile app design and development services. App Fuel was designed specifically to meet the evolving needs of companies aggressively building mobile applications for consumers, businesses and/or employees.


Based on insights from more than 600 mobile projects, Sourcebits created App Fuel to provide a diverse suite of services to meet a range of client needs, from product ideation, rapid UI/UX prototyping, mobile makeovers, wearable app concepts, and more. The program also addresses the growing market requirement to handle mobile app design and development projects of all sizes and schedules. From entrepreneurs exploring new app ideas to larger companies revising their existing mobile apps – Sourcebits can move quickly and efficiently to deliver high-quality results in less time than it typically takes to hire internal teams.


App Fuel services can help companies at any project stage and budget. Some of the most popular service packages include:
“Sourcebits created App Fuel after carefully examining the mobile application development needs of our current and prospective clients. App Fuel allows us to offer a unique suite of top-notch UI/UX design and development services that allow companies to build apps quickly and get great mobile results,” says Piotr Gajos, Chief Innovation Officer for Sourcebits. “Sourcebits is the go-to partner for businesses that want to delight and retain their customers, employees, partners, and investors by delivering an exceptional mobile app experience.”


To celebrate the launch of App Fuel, Sourcebits will provide $10,000 worth of free design and development services to qualifying customers. For more information, visit


About Sourcebits

Since 2006, Sourcebits has been creating amazing apps for hundreds of the world’s most innovative brands. Based in San Francisco, the agency’s 200+ team members worldwide include industry experts in UI/UX design, mobile app development and web engineering, cloud computing, backend system integrations and mobile business strategy. Sourcebits has completed more than 600 projects for enterprises and mobile startups. More than 30 apps built by Sourcebits have reached the top 10 in their store category. Gartner named Sourcebits a 2014 “Cool Vendor.” For more information, visit



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Sourcebits Named a Top San Francisco Mobile App Developer

Today vendor analyst SourcingLine published a new report about the best digital design and development firms based in the San Francisco Bay Area, and we’re proud to announce Sourcebits has been included.

SourcingLine analysts spoke with numerous client references to determine the top companies, and ones with a significant market presence and strong portfolio were evaluated on a number of factors to determine each firm’s proven ability to deliver high quality work.

The mobile app developer category recognizes firms with a high level of focus on mobile app development and application UI/UX, including Sourcebits! This is no small feat, especially in San Francisco, where competition is fierce. Says Natalie Beach, an analyst at SourcingLine,

The San Francisco research identifies many talented design and development firms. Some are additionally recognized at the national or global level.

Sourcebits has long been recognized as a leader in SourcingLine’s research. We are currently ranked as a top mobile app developer worldwide, supported by many five-star client reviews such as Cricbuzz, Coca Cola, Adobe, Blackboard, and Intel.

One of our previous clients, the CEO of a mobile gaming startup, told SourcingLine: “If I didn’t have Sourcebits, I would have had to source three types of different companies to get this work done. They packed a lot under one roof, which is really what we wanted from them.”

Read the SourcingLine Reports:

Top Mobile App Developers in San Francisco

Top Mobile App Developers Worldwide

Sourcebits profile

Sourcebits Named a “Cool Vendor” by Gartner

Vendors selected for the Gartner “Cool Vendor in Services, 2014” report are innovative, impactful and intriguing.

Sourcebits, a global design company delivering strategic mobile innovation and application development, today announced it has been included in the list of “Cool Vendors” featured in the Cool Vendors in Services, 2014 report by Gartner, Inc.

The list identifies five companies that “help clients address the key challenges they face today in the digital economy.” Sourcebits is the only specialized mobile strategy, design and development services provider recognized in the report.

“The five service providers in this report help clients address the key challenges they face today in the digital economy. They offer CIOs, chief digital officers, business specialists/buyers and sourcing leaders innovative services and new approaches to enable business benefits.”

Sourcebits, with more than 200 employees worldwide, has developed 550+ products, including more than 30 mobile apps that reached the top 10 of their genres. With a design-led engineering culture and a holistic approach to mobile success, Sourcebits has also built many of its own apps for iOS and Android.

“Evaluate “cool” service providers in IT services (and others like them) based on their unique expertise, technology focus, or delivery strategy to bring business value, or through their innovative approaches to solve specific issues. These providers, while smaller, have proven abilities to fulfill needs or offer world-class expertise.”

Sourcebits’ feels its commitment to client success and deep understanding of the mobile space strongly differentiates the company from other mobile development providers. The company’s Innovation Strategy Workshops, conducted with key stakeholders and experienced Sourcebits consultants, help clients refine their products by going through a process of examination, ideation and clarification before design and development begins.

“We believe our inclusion in the Cool Vendor report by Gartner is an exciting recognition of our success in enabling customers to fully realize the power of mobile applications to meet their business objectives,” said Rohit Singal, Founder and CEO of Sourcebits. “We deliver innovative mobile strategies and beautiful products to hundreds of clients around the world, from large enterprises to startups and entrepreneurs. By putting design first and working on projects we passionately want to create, the Sourcebits team is focused on helping our clients win.”

According to the report, “Gartner sees this mobility space as a very high growth market; while global IT spending on consulting and implementation services will grow a moderate 3.9% from 2012 through 2017, spending for mobility-related projects is projected to grow 25% in the same time period.”

About Sourcebits:

Sourcebits is a global leader in mobile strategy, app design and development. Sourcebits works with companies of all sizes, from SAP, Cisco, IBM, Intel, Hershey’s, Adobe and Bank of America to innovative startups like Twitpic, Skyfire, Peel and Slingbox. Sourcebits has developed more than 500 mobile, web and cloud applicationsto deliver business results. Founded in 2006 and backed by Sequoia Capital and IDG, Sourcebits employs more than 300 people around the world.

For more information, please visit or call us at +1 415 288 3697.

Disclaimer: Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Design Thinking Is In Sourcebits DNA

Forrester Report Names Sourcebits a Top Mobile Innovation Resource

Ideation, open brainstorming, design thinking – strategic innovation by any other name still smells sweet. It’s a critical aspect of a company’s success, especially with its mobile apps, responsive web design and software product development. But many enterprises lack the technology expertise and the creative ideation approach to produce disruptive innovations on their own. And as the speed of change increases, many companies need big ideas, and they need them quickly.

At Sourcebits, ideation / design thinking is in our DNA. Using our agile design and development process, we’ve helped hundreds of companies launch innovative new products and features.

That’s why we’re honored to be included in a recent Forrester Research report targeted at companies seeking strategic guidance on their digital innovations. The report, entitled “Setting A Technology Sourcing Strategy For Digital Disruption”, named Sourcebits a leading services provider offering design thinking – right alongside Deloitte, Ogilvy, SAP Services and Razorfish.

What exactly is “design thinking,” you ask?

Design thinking is the one-two punch of creative problem solving combined with today’s cutting-edge technology.

Here’s how Forrester discusses the “art of the possible” that companies need to explore:

“The secret to success in this digital world, however, is the emphasis on ideation — open brainstorming on “the art of the possible” within the context of the business problem.
Focusing only on what can be done on mobile, cloud, analytics, or social is not the right approach. Instead, sourcing strategists should be part of small engagements with department heads and top business executives; these should be freeform, “white-boarding,” design thinking sessions. Here the group can define the business goals (customer growth, operational efficiency) for these digital disruption initiatives and align them with the possibilities that technology can create and the context of the specific user population.”

Freeform “white-boarding” is exactly how our Innovation Strategy Workshops run. In fact, Forrester points to our ideation process, and our unique co-founder business model for entrepreneurs to develop app-based companies, as an excellent example of design thinking. The report includes SmartBrush, one of our Product Studios partners:

“An innovative dentist and his business school patient came up with an idea to combine sensors on toothbrushes with analytics to create SmartBrush, a “smart” toothbrush that can communicate information between dentists and patients to improve dental care. SmartBrush was able to partner with Sourcebits’ Product Studios to take advantage of proven methodologies and lab capabilities, enabling them to co-develop the solution in a short time frame.”

The application of design thinking is especially relevant when it comes to mobile applications. Forrester Research found 49% of respondents plan to increase mobile app spending by at least 5%, including 13% that expect to increase their app budget by more than 10%. But to get the highest ROI, Forrester recommends finding an external innovation partner for strategy, design and development.

From the whiteboard to the App Store, Sourcebits can help. To discuss how our Innovation Strategy Workshops can help you, contact us.