Kurmi Software has raised capital from Ring Capital and Unexo
Kurmi Software has developed a unique streamline and automate unified communications management, leveraging strong partnership with Cisco, Avaya and Microsoft.
Headquartered in Rennes, France, the company employs 70 people spread across five cities (Rennes and Paris, France; Berlin, Germany; Montréal, Canada; and New York, U.S.) and serves large enterprises and service providers in 17 countries worldwide.
Kurmi Software generates around 70% of revenues outside France, and is experiencing fast growth.
The investment provided by Ring Capital and Unexo will support Kurmi Software’s development strategy based on four main axes:
- further expand its geographical footprint in EMEA, Americas and Asia,
- accelerate its technical roadmap to support a broader range of platforms,
- lead the market shift towards a software-as-a-service model and
- develop new innovate “beyond UC” solutions.
Hughes Meili, President of Niji, stated, “We appreciate the Lincoln team’s strong dedication to the project, along with the relevance of their advice, the continuity of their involvement and also their intimate understanding both of the market targeted by Kurmi Software and of the networks of potential capital investors.”
François Carlot, Managing Director at Lincoln International, commented, “We are delighted to have advised Niji and Kurmi Software’s management team in the transaction, opening a new chapter for the company characterized by accelerated growth and an even stronger international footprint.”
Lincoln International acted as the exclusive advisor to Kurmi Software’s shareholders throughout the capital raise process, providing advisory expertise and supporting the negotiation in the transaction.
The Lincoln team has been great to work with from the preparation phase to the successful closing of the investment. Their experience, expertise and day to day support have been very valuable and we would recommend them with no hesitation.
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