Investment allows more expansion plans for its SAP usability platform Bremerhaven Winshuttle. “On Winshuttle that SAP usability company, announced today that it $ 12 million so-called growth equity financing” by Summit partners, a leading venture capitalists receives. With this high investment, Winshuttle will continue its rapid expansion. Winshuttle was founded in 2003 and has since then as a leader in the SAP market. Technically inexperienced users can independently manage processes for maintaining data without programming with solutions such as Winshuttle transaction, QUERY, and the new STUDIO suite.
To effectively run complex business processes with SAP support, they use their familiar desktop applications. The result is a high savings in time and costs while increasing productivity and employee satisfaction. Thanks to our current customer accounts, our global growth and the recent Introducing a major new product suite we are well positioned for further expansion opportunities”, says Lewis Carpenter, CEO of Winshuttle. Although we are sales and good liquidity, an investor such as Summit partners can help us in evaluating new markets and potential acquisition targets strategically to act “to grow companies that have can increase the usability of ERP solutions and thus the productivity with its solutions’ excellent opportunities, says Greg Goldfarb, a Director at Summit partners and member of the Board. We believe that Winshuttle here will play a pioneering role.
The company has combined her talent, good performance and innovative technology to create an attractive whole, which leads to a clear added value for the customer.” Brandon Roach, a Vice President at Summit partners, adds: Winshuttle has made it his task to develop, the simpler and more efficient interaction with SAP software solutions enable. Therefore the company has a very satisfied and loyal customer base.” About Summit Partners Summit partners (www.summitpartners.com) is a growth equity investor who provides private equity and venture capital to fast-growing companies. Summit was founded in 1984 and has more than eleven billion $ capital applied and provided growth capital expenditures, new financing and management buyout financing for more than 300 growing companies in different sectors and countries. Summit partners seeks outstanding management teams that brought their companies in a market-leading position. Notable investments in the software field include McAfee, Hyperion software, GoldenGate Software, ProClarity and Unica). About Winshuttle Winshuttle, a SAP usability company, provides software products that enable business users to directly from Excel, Web forms, and other interfaces with SAP without any programming effort. The user-friendly solutions lead to a massive acceleration of SAP user transactions, SAP customers can save millions of dollars daily and elsewhere insert. Winshuttle’s customers achieve these financial benefits, by they can distribute their employee and partner resources on strategic tasks. Hundreds of companies worldwide use the Winshuttle products to simplify the work with SAP. Winshuttle headquartered in Bothell, Washington, in the US State of Washington, has offices in UK, France, Germany and India. For more information, see. SAP and all SAP logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries. All other mentioned product and service names are the trademarks of their respective companies.