{"id":1426,"date":"2019-07-11T14:12:19","date_gmt":"2019-07-11T14:12:19","guid":{"rendered":"https:\/\/solutionsreview.com\/business-process-management\/?p=1426"},"modified":"2019-07-16T14:33:04","modified_gmt":"2019-07-16T14:33:04","slug":"signavio-raises-177-million-led-by-apax-digital-to-accelerate-global-expansion","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/business-process-management\/signavio-raises-177-million-led-by-apax-digital-to-accelerate-global-expansion\/","title":{"rendered":"Signavio Raises $177 Million Led by Apax Digital to Accelerate Global Expansion"},"content":{"rendered":"

\"Signavio<\/p>\n

Signavio<\/a>, a leading provider of business transformation solutions, today announced<\/a> a $177 million investment to fuel continued international expansion and further investment in its world-class software suite. The transaction was led by Apax Digital, the growth equity team of Apax Partners, with participation from DTCP. Existing investor Summit Partners will retain an equity stake in the business.<\/p>\n

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Signavio\u2019s Business Transformation Suite enables its over 1,300 customers to effectively mine, model, monitor, manage and maintain their business processes. Its intelligent decision-making tools address digital transformation, operational excellence and customer centricity, helping place process at the very heart of organizations. Signavio has grown its revenue by more than 70% in the last twelve months. Today the company\u2019s software is used by more than one million users across industries and geographies, including leading companies such as SAP, Deloitte, Liberty Mutual, Bosch, Comcast-NBCUniversal.<\/p>\n

According to the announcement, this new investment will be used to accelerate international expansion and to further invest in Signavio\u2019s product suite. The company already has 9 offices across the world and is expanding operations in Japan and India, increasing its employee base by over 50% in 2019.<\/p>\n

\u201c10 years ago, we set out on a journey to tackle the time-consuming practices that limit business productivity,\u201d said Dr. Gero Decker, CEO and co-founder of Signavio. \u201cThis significant new investment further validates our approach to solve business problems faster and more efficiently, unleashing the power of process through our unique Business Transformation Suite. We are thrilled to welcome Apax Digital as our new lead partner, and look forward to building upon our success to date by leveraging our partners\u2019 operating capabilities and global platforms for our international expansion.\u201d<\/p>\n

According to the announcement, Daniel O\u2019Keefe, Managing Partner, and Mark Beith, Managing Director of Apax Digital will join Signavio\u2019s board of directors. Summit Partners Managing Director Matthias Allgaier will retain a seat on the company\u2019s board of directors.<\/p>\n

\u201cAs businesses have become more global, and workforces more distributed, business processes have proliferated, and become more complex,\u201d noted Mr. O\u2019Keefe and Mr. Beith. \u201cSignavio\u2019s cloud-native suite allows employees across an enterprise to collaborate and transform their businesses by digitizing, optimizing and ultimately automating their processes. We are tremendously excited to partner with the Signavio team and to support their vision.\u201d<\/p>\n

\u201cWith innovative, intelligent and easy-to-use solutions, Signavio is helping to enable digital transformation across thousands of organizations worldwide, enabling new use cases and extending the reach of BPM software from IT to business users,\u201d said Matthias Allgaier, Managing Director with Summit Partners, which first invested in Signavio in 2015. \u201cIt has been a delight to work closely with Gero and the entire team to support the company\u2019s impressive growth thus far. We are thrilled to welcome Apax and to continue our partnership with Signavio.\u201d<\/p>\n

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Signavio, a leading provider of business transformation solutions, today announced a $177 million investment to fuel continued international expansion and further investment in its world-class software suite. The transaction was led by Apax Digital, the growth equity team of Apax Partners, with participation from DTCP. Existing investor Summit Partners will retain an equity stake in […]<\/p>\n","protected":false},"author":34,"featured_media":1427,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[5],"tags":[369,370,35,121,354],"acf":[],"yoast_head":"\nSignavio Raises $177 Million Led by Apax Digital to Accelerate Global Expansion<\/title>\n<meta name=\"description\" content=\"Signavio today announced a $177 million investment to fuel continued international expansion and further investment in its world-class software suite.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/solutionsreview.com\/business-process-management\/signavio-raises-177-million-led-by-apax-digital-to-accelerate-global-expansion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta 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