Rocket Software is a privately held software development company founded in 1990 in Waltham, MA by Andy Youniss and Johan Magnusson Gedda. The company specializes in modernization software focused on IBM Z, IBM Power, and embedded database platforms. Over the years, Rocket Software has become a trusted leader in empowering businesses to modernize their IT infrastructure while minimizing disruption.
The firm has grown significantly since its inception, both organically and through strategic acquisitions such as Zephyr, Shadow, Aldon, D3, ASG Technologies, and more recently the Application Modernization and Connectivity (AMC) business from OpenText. This growth has expanded its customer base to over 12,500 companies and increased its global workforce to more than 3,200 employees.
Rocket Software serves mission-critical industries including banking, healthcare, manufacturing, and government, helping to modernize billions of lines of code and transform databases with solutions that maximize data, applications, and infrastructure. Its culture is grounded in core values such as Empathy, Humanity, Trust, and Love, emphasizing community impact and employee engagement.
The company is recognized for its innovation, having celebrated over 35 years of sustained growth and leadership in IT modernization. It is backed by Bain Capital Private Equity and operates globally with centers of excellence across North America, Europe, Asia, and Australia.
Rocket Software’s mission centers on enabling organizations to progress their digital transformation journeys effectively and without disruption, supporting the delivery of critical services that power modern enterprises worldwide.