Growth in challenging times – Jedox receives more than 100 million dollarsPORTFOLIO NEWS
In addition to investments from existing investors eCAPITAL, Iris Capital and Wecken & Cie, Jedox was able to win Insight Partners, the world’s leading investor in scaling enterprise software companies, for a large portion of the funds. While eCAPITAL participated in the financing round with Fund IV, eCAPITAL was able to use the opportunity for an attractive exit with Fund II, which had been invested longer than Fund IV.
Jedox is already one of the leading providers among EPM specialists worldwide and has also grown strongly in the past year. With the funds now available, Jedox CEO Florian Winterstein plans to accelerate growth and further drive internationalization. In an interview with the head of the Munich Handelsblatt office, Axel Höpner, Florian Winterstein and Paul-Josef Patt talked about the future of Jedox AG. The complete article, published yesterday in the Handelsblatt, can be found here.
Jedox simplifies planning, analysis, and reporting with one unified and cloud-based software suite. Jedox empowers decision makers and business users across all departments and helps them work smarter, streamline business collaboration, and make insight-based decisions with confidence. Over 2,500 organizations in 140 countries use Jedox for real-time planning on the web, the cloud, and on any device. Jedox is an award-winning FP&A and Enterprise Performance Management solutions provider, available worldwide with offices in four continents and over 250 certified business partners. www.jedox.com
eCAPITAL is a venture capital firm that provides early to growth stage funding to technology companies in the fields of software & information technology, cybersecurity, industry 4.0, new materials and cleantech. Founded in 1999, eCAPITAL has a history of supporting entrepreneurs determined to build companies with lasting significance. Partnering with eCAPITAL means joining an international network of business leaders, entrepreneurs, technologists and potential partners. eCAPITAL is located in Germany, currently manages funds with over EUR 280 million under management and was lead investor of some very successful German exits like sonnen or Novaled.