Stonebranch Receives Minority Investment from EMH Partners

Funding Rounds

Summary

Stonebranch, an Alpharetta, GA- and and Frankfurt, Germany-based provider of service orchestration and automation solutions, received a minority investment from EMH Partners. The transaction is expected to close subject to customary regulatory approvals. The company intends to use the funds for organic growth, platform enhancements, and geographic expansion. The Stonebranch Universal Automation Center (UAC) empowers enterprises to centrally automate and orchestrate workloads across on-premises, cloud, and hybrid IT environments. Founded in 1999, the company serves a loyal global customer base of 350 blue-chip enterprise clients, including many of the world’s largest financial, healthcare, and technology institutions.

$ Funding

$
Amount - Total raised
Date April 8, 2024 Announcement date
Investors EMH Partners Lead investors
Company http://www.stonebranch.com Funded company

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AskAI Classifications

Labels
IT Automation Workload Automation Cloud Automation

Linked Companies

Stonebranch
$10M to $25M