Vistara Capital Partners has made a growth capital investment in Blueprint Software Systems Inc., a provider of industry-leading software solutions that accelerate and de-risk the digital transformation of large organizations. Financial terms were not disclosed.
Blueprint Software Systems is backed by Tandem Expansion Fund, BDC Capital, The Walsingham Fund and Centana Growth Partners.
Led by its core product Storyteller™, Blueprint is focused on Agile planning for global mid-larger scale enterprise customers. The funding will primarily be used to further accelerate the Company’s direct and channel based sales and marketing efforts.
Blueprint currently serves hundreds of global customers, with over half of all Fortune 100 companies across the globe having chosen Blueprint to automate their most complex digital transformation challenges.
“Software really is eating the world, and Blueprint is uniquely positioned at the front of the software development toolchain, ensuring critical alignment of business and IT interests,” said Blueprint’s CEO, Dan Shimmerman. “Every day, we see our customers engaging deeply with Storyteller to address compliance, cost reduction, change management, speed and alignment across software development teams. This new funding will help us further accelerate our existing growth trajectory and we welcome Vistara Capital as another value-added financing partner.”
“With its seasoned management team, and now even stronger financial backing, we believe Blueprint is ideally positioned to capitalize on its established positioning in the burgeoning market for Agile based software development solutions,” said Randy Garg, Founder & Managing Partner of Vistara Capital Partners. “As corporations consider the importance of software to their business success, Storyteller is poised to become an integral platform of choice as evidenced by its impressive growing global customer base. We’re very excited to partner with Blueprint to assist with their continued success and expansion.”
photo credit: Blueprint Software
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.
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