US AND LONDON-BASED FIRM ADDS, AS ITS INSTITUTIONAL INVESTOR, A SEASONED VENTURE CAPITAL FIRM THAT WILL INJECT CAPITAL AND TALENT TO SUPPORT RAPID GROWTH
Overland Park, KS/Guildford, Surrey– 20th August 2019 – BUSINESSOPTIX (BOx), a cloud-based Business Transformation Suite, announced the closing of its investment with Naples Technology Ventures (NTV) aimed at helping the firm expand the capabilities of the suite and resources to continue the rapid growth of the business.
"NTV bring decades of operating experience and a proven track record of success in technology, services and operations," said Peter McInally, CEO of BusinessOptix. "With their expertise and the ability to fund our expansion, we expect to accelerate the products and services we bring to market and increase the growth trajectory we are on by increasing our global presence."
With the addition of NTV, BusinessOptix can increase its dedication and R&D around areas like Digital Twin, Process Mining, Robotic Process Automation, AI and more.
"Being able to provide or support these emerging technologies is critical to helping our clients on their transformation journey. NTV will help us focus investment and talent to bring enhancements and new products around these capabilities to market sooner".
For NTV, the alliance with BOx accounts for their latest investment in yet another strong technology firm.
Mike Abbaei, Managing Partner at NTV, "We are excited to bring BOx into the NTV family and help them into the next level of the growth. We are very selective of the firms we engage with and in reviewing BOx we see tremendous potential in their suite and their talent. Every organization needs a solution like this if they are going to survive and thrive in the intense competitive and highly regulated environment we are in. Our goal is to augment that with guidance and investment to expand the reach BOx has to the many organizations it can support in transformation and agility"
NTV will provide a board member to the BOx board.
At BusinessOptix, we help organizations Control Today, Navigate Tomorrow™ to achieve the next level of customer and operational excellence. Our cloud-based platform is used by hundreds of global firms to capture and redefine business operating models, accelerate transformations across the enterprise, improve operational efficiencies and streamline go-to-market processes.
Built for business ease of use, the platform enables organizations to define the current state, design the optimal future state and deliver an actionable plan to achieve and maintain transformations leading to a more efficient, effective digital future to better serve customers and achieve business results.
For more information visit www.businessoptix.com, follow us on LinkedIn or Twitter @BOptix.
About Naples Technology Ventures
Naples Technology Ventures is a Venture Capital firm dedicated to investing in early-stage technology and services companies in emergent and/or expanding markets that exhibit strong value-add. We look for firms that have already launched products or services and are seeking additional capital and experienced guidance to take their company to the next level.
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