CMS Supplier Umbraco Acquired by Software Growth Investor Monterro
Summary
ODENSE, Denmark--(BUSINESS WIRE)--Content management system (CMS) supplier Umbraco is poised to expand best-of-breed digital experiences worldwide with operational and financial backing from Swedish software growth investor Monterro. Umbraco CEO Kim Sneum Madsen will continue in his leadership role, while founder Niels Hartvig will leave the company to pursue other opportunities. “With extensive CMS experience and a true belief in open-source software, Monterro is a perfect match as we strive to meet increasing demand for best-of-breed DXP solutions that make complex technologies easy to use,” Madsen said. These include those of JP Morgan, Rubbermaid, Scholl, NFL, American Homes 4 Rent, State of New York, Liberty Tax and The Council of the European Union. These include operational experience from successfully developing and running companies such as Pointsec, Orc Software, and CMS vendor EPiServer, now Optimizely.
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