CAST Raises $12.5 Million for Growth Acceleration
Summary
NEW YORK, May 26, 2018 (GLOBE NEWSWIRE) -- CAST, the market leader in Software Intelligence , today announced it has completed a $12.5 million round of capital funding.The first quarter of 2018 was dynamic with 27.9% growth at constant exchange rates, based on over 40 deals closed with new customers that include Wells Fargo, J. Hancock, Bank Sabadell, Findomestic Banca, General Electric, Fiserv and Microsoft for Saint-Gobain.With new top management in operations and key markets, the company’s ability to execute is strong, and the Software Intelligence CAST provides is well-aligned with application security, digital transformation and portfolio modernization goals of enterprise organizations today.Hundreds of companies rely on CAST to improve end-user satisfaction and time-to-market, prevent business disruption and reduce cost.Founded in 1990, CAST operates globally with offices in North America, Europe, India and China.
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