Ni2 has officially announced the closing of $6 million round of financing from Capital régional et coopératif Desjardins (CRCD).
The financing closed in three closings in 2017 and 2018. In connection with the financing, Lous Gaudreau, has joined Ni2 board of directors.
Ni2 intends to use new funding to accelerate its commercial operations and expand its market presence in North America, Europe, and Asia, as well as to strengthen its service and development teams in Montréal and in Liège, Belgium, where the company holds its European operation.
Montreal based Ni2 develops and markets next-generation cross-domain ICT service and resource lifecycle and inventory management software. The Ni2 software is specifically designed for Service Providers to effectively and efficiently monetize services. Ni2 includes a platform, with a suite of integrated applications, specifically designed to assist Service Providers to Build, Deliver, Document, and Support the services they market to their customers.
photo credit: Ni2
Ni2 secures a C$6-million-dollar investment from Desjardins and strengthens its commercial presence worldwide
Montréal (Canada), April 13th, 2018– Ni2, a leading provider of Services and Operations Management software, today announced it has secured a C$6-million-dollar investment from Desjardins Capital, an equity firm with over C$2 billion of capital under management. The investment will allow Ni2 to accelerate its commercial operations and expand its market presence in North America, Europe, and Asia, as well as to strengthen its service and development teams in Montréal and in Liège, Belgium, where the company holds its European operation.
Ni2 is an innovative software company that develops and markets a software platform solution designed to help datacenter, network and communications service providers to run better and grow faster as they prepare for new technologies, such as the IoT and Big Data. Today, Ni2 is powering many large service providers around the globe, such as Maskatel(Canada), Aureon(USA), LightEdge(USA), Thales Group(France), TDF Telecom(France), Nethys(Belgium), and AIMS(Malaysia) among others.
“Our customers operate in a very competitive environment, where technology evolves rapidly, margins are slim and enterprise customers can easily switch providers. The only way they can succeed is by gaining visibility and control over their digital infrastructure, and delivering enhanced customer experience”, says Joseph Hatchuel, CEO and co-founder of Ni2.
What makes the Ni2 Software unique is that it was designed from the start to be open and adaptable, making sure that service providers are able to manage all their resources, including network, IT, and data center, on one integrated software platform. The Ni2 platform provides complete visibility on how all resources are being utilized and how they make up the services being delivered to customers. In addition, Ni2’s solution delivers out-of-the-box applications for effectively planning and designing new capacity, streamlining service fulfillment and offering better customer support.
“With features like graphical interfaces, impressive scalability and unique cross-domain features, Ni2 is at the forefront of new technologies. The company has created an innovative software platform that is being adopted by the next generation digital service providers”, says Luc Ménard, Chief Operating Officer at Desjardins Capital. “As service providers look to diversify and expand to new markets, we see Ni2 as their technology partner of choice”.
About Desjardins Capital
Nearly 45 years strong, Desjardins Capital(previously Desjardins Venture Capital) has a mission to value, support and nurture the best of Quebec entrepreneurship. With assets under management of C$2 billion, Desjardins Capital helps contribute to the longevity of more than 450 companies, cooperatives and funds in various sectors from across Quebec. In addition to helping to create and maintain more than 67,000 jobs, this subsidiary of Desjardins Groupoffers business owners access to a large business network and supports their business growth. For more information, visit our websiteor our LinkedIn page.
Ni2 develops and markets Services and Operations Management software that enables service providers to monetize their digital infrastructure and cost-effectively address new market demands. Ni2 offers an open software platform and business applications that allow service providers to share service and resource inventory that provides 360ovisibility across technological and organisational silos. Combined with the company’s responsive service approach, Ni2 helps its customers gain business agility by unifying and streamlining their operational processes and accelerating service delivery. For more information, visit www.ni2.com.
Ted is the architect of CVCA infobase, and is the architect of CPE Media's Financings.ca, Canada's most sophisticated and advanced all private capital and public market financing database.
Latest posts by Ted Liu (see all)
- Bridgit discloses BDC Capital led $6.24M Series A - March 18, 2019
- AEPONYX secures $7.9M Series A led by Pangaea Ventures - March 14, 2019
- BrandProject to raise second fund - March 14, 2019