Steelwedge Software

Steelwedge Software

Steelwedge Secures $16 Million Investment to Accelerate Growth

Posted: 08 Sep 2011 11:14 AM PDT

I'm very pleased to announce that Steelwedge has reached an important milestone today in our growth as a company.  We've received a $16 million growth equity investment led by Mainsail Partners, accelerating our efforts to serve our rapidly expanding customer base while continuing to build breakthrough sales and operations planning (S&OP) and integrated business planning (IBP) products. It was important to find an equity partner that could help us beyond simply providing capital.  Jason Payne and his Mainsail team have a strong track record helping "boot strapped" companies evolve into world-class companies.  They have a wealth of operational expertise working with next generation software providers and bring to bear an extensive network of technology professionals. This investment will help us to facilitate global sales growth and ensure seamless support to our current portfolio of global customers. Our customers will have access to the leading edge technology, including an enhanced IBP platform. I'm especially pleased that Mainsail's strategic vision complements our long-time goal of building best-in-class solutions that exceed the expectations of our customers. Read the press release here: http://www.steelwedge.com/news/details.php?relid=109

Posted by computer at 9:18 AM  

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