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Founded in 1999 by co-founders Carlos Watson and Jeff Livingston, Achieva.com was an educational technology company based in San Mateo, California, that provided online college preparation, tutoring, and admissions software. The enterprise operated primarily within the educational technology sector by selling digital programs and software licenses directly to local school districts, high schools, individual students, educators, and parents. In August 2001, the growing business was successfully acquired for approximately $32 million by Kaplan Inc., which was operating as a prominent subsidiary of The Washington Post Company at the time. Following this major strategic transaction, the standalone educational platform was fully integrated into the acquirer's broader corporate structure to enhance their existing student services. Today, recent active use of the specific domain as an independent technology provider is no longer widely documented in standard industry databases.
Achieva.com has raised $15.0M across 1 funding round.
Achieva.com has raised $15.0M in total across 1 funding round.
Achieva.com has raised $15.0M in total across 1 funding round.
Achieva.com's investors include Broadway Angels.
Achieva.com has raised $15.0M across 1 funding round. Most recently, it raised $15.0M Series A in April 2000.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 1, 2000 | $15M Series A | — | Broadway Angels | Announced |
Achieva Technology is a leading distributor of consumer and enterprise information technology products, specializing in computer hardware such as desktop CPUs, motherboards, graphic cards, power supplies, desktop casings, monitors, SSDs, and other IT components. It serves retailers, system integrators, and resellers primarily in Malaysia, Thailand, and Australia, providing a comprehensive range of IT products from top brands like Intel, AMD, MSI, Gigabyte, and PNY. The company addresses the challenge of fast-changing, price-sensitive, and shortage-prone IT product markets by offering efficient distribution, strong warehousing, and direct delivery services, helping its customers meet their own clients' demands effectively[1][3][4][5][7].
Founded in 1996 in Malaysia, Achieva Technology began as a distributor focused on consumer and enterprise IT products. It expanded its regional footprint with a subsidiary in Australia established in 1998 and operations in Thailand. Achieva Technology is part of the larger Serial System group, which acquired it through a reverse takeover in 2024, enhancing its market reach and operational scale. The company’s founding and growth have been driven by a deep understanding of customer needs in the IT distribution sector and a commitment to delivering timely, high-quality products and services[1][3][4][5].
Achieva Technology operates within the critical IT supply chain, riding the ongoing trend of digital transformation and increasing demand for computing hardware across Southeast Asia and Australia. The timing is favorable due to growing enterprise IT investments, gaming hardware demand, and the need for reliable distribution amid global supply chain disruptions. By ensuring availability and competitive pricing of essential IT components, Achieva supports the broader ecosystem of retailers, system integrators, and end-users, enabling technology adoption and innovation in the region. Its role as a distributor also helps bridge gaps between manufacturers and local markets, facilitating faster technology diffusion[1][3][4][5].
Looking ahead, Achieva Technology is well-positioned to capitalize on rising IT hardware demand driven by cloud computing, gaming, and enterprise digitalization. Continued expansion in Southeast Asia and Australia, coupled with leveraging Serial System’s resources, could enhance its market share and operational efficiency. Trends such as increased remote work, data center growth, and gaming industry expansion will likely shape its product focus and distribution strategies. As supply chain resilience becomes more critical, Achieva’s strong logistics and supplier relationships will be key competitive advantages, potentially enabling it to influence regional IT hardware availability and pricing dynamics further[3][4][5].
