Apesoft, a Business Intelligence software solutions company headquartered in Barcelona and with offices in the US, today announced that it has secured a $3.8 Million round of equity financing from DEBAEQUE.
“We welcome this round of investment from truly value-added investors who have teamed with Apesoft to leverage an international expansion in the United States,” said Jaume Juan, founder of Apesoft. “This funding enables us to expand our global presence faster.”
“Apesoft strengthens our portfolio presence in the Spanish software industry, where we have a unique position with three of the most representative local players. We are really pleased to be part of this exciting venture,” said Patrick Raibaut, founding partner at DEBAEQUE Venture Capital.
With this funding from leading Spanish investors such as DEBAEQUE, Apesoft is poised for significant future growth and leadership in its markets. For instance, Apesoft has experienced very strong growth in the last years. In 2009 the company forecasts strong double digit growth (+64%) due to its international expansion and plans to create more than 100 new jobs in the next year.
About Apesoft
Apesoft is a Business Intelligence software company founded in 1994, headquartered in Spain, and with offices in the US. Apesoft operates in 10 countries through a network of qualified resellers, consulting partners and OEMs, who strive to help their customers operate more efficiently, increase productivity, save time, and rise to the challenges of competition.
Apesoft provides complementary high value Business Intelligence software solutions to organizations of all sizes addressing the need to extend their analytical capabilities throughout the company, optimize decision-making processes, improve the ability to identify opportunities, adjust to changes in the competitive environment, and drive improvements in business performance.
More than 6,000 users in 250 organizations depend on Apesoft’s flagship server-based Excel report automation and distribution system, DataCycle Reporting.
For additional information, see: www.Apesoft.com
About DEBAEQUE
DEBAEQUE is an independent venture capital firm, based since 2001 in Spain, dedicated to investments in TMT (Telecommunications, Media and Technology) with a specific focus in the software and Internet/media industries.
DEBAEQUE seeks out the top entrepreneurial teams in each investment area and then brings to bear all of its core assets in helping the entrepreneurs to build their company. DEBAEQUE’s involvement has ranged from helping companies get started and structuring spin-outs to assessing strategic options, recruiting key personnel, providing marketing assistance and closing business development deals.
DEBAEQUE has a unique and distinguishing focus in the field of investment, with special emphasis on generating business in its portfolio’s companies.
DEBAEQUE’s software investments include Oasyssoft (www.oasyssoft.com) and NTR Global (www.ntrglobal.com).
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