Signavio, a provider of SaaS-based business process and decision management technology, has completed a EUR31 million minority investment from global growth equity investor Summit Partners.
Signavio plans to use the investment to expand its international footprint and continue its very strong growth trajectory.
Founded in 2009, with offices in Berlin, Singapore and Sunnyvale, Signavio is a provider of cloud-based software that helps businesses efficiently design, implement and manage complex processes, decisions and workflows. With its three products – Process Editor, Decision Manager and Effektif – Signavio offers an intuitive and collaborative process transformation platform, enabling company-wide compliance, process performance and process innovation initiatives. Today the company serves over 750 corporations, businesses, and organisations around the world in industries ranging from manufacturing to financial services.
“This is a significant milestone for Signavio,” says founder and CEO, Gero Decker. “We believe strongly that our differentiated approach is changing the way that our customers are optimising and executing key strategic business initiatives, and we are excited to work with the Summit team in our next phase of growth. With their support, we are focused on continuing our record of product innovation and further strengthening our sales and service capabilities around the world.”
“Gero and his team have done a remarkable job of distinguishing Signavio as top of the class in next generation business process and decision management solutions,” says Scott Collins, a Managing Director at Summit Partners. “Summit has a history of backing innovative, market-leading companies that are poised for great success. With its SaaS delivery model, open standards architecture, and end-to-end product suite, we believe there is an enormous future for Signavio, and we look forward to working with the team to grow the business in Europe, North America and Asia.”
