Fortino Capital Invests in Bonitasoft to Accelerate Growth and Consolidate the Company’s Leadership Position in Digital Process Automation
Summary
As part of the transaction, Miguel Valdes and Charles Souillard, who founded Bonitasoft in 2009, will reinvest and team up with Fortino Capital during this new phase of growth. Leveraging its community of over 150,000 developers who are furthering the product on a daily basis, Bonitasoft has become their BPM platform of choice for large, complex automation projects in which there is a need to combine deep technical expertise with appropriate visual tools for business users. Since 2015, the company has repositioned itself, focusing solely on enterprise customers with their demanding IT transformation ambitions and complex needs, relying on a strong network of specialist partners. As part of the investment by Fortino Capital, Edouard Fourcade, a seasoned software executive whose former responsibilities include leadership roles at Anaplan and BMC, will also join the Board of Directors of Bonitasoft as Chairman. Process automation is a highly complex domain, and in order to harvest true and lasting benefits from digitisation, we agree with them that development teams should be free and unencumbered to create the best possible business applications.
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