M-Files Receives European Investment Bank's 2019 Innovation Award

DALLAS, May 9, 2019 /PRNewswire-PRWeb/ -- M-Files Corporation, the intelligent information management company, today announced the company was recognized by the European Investment Bank (EIB) as one of the most innovative tech companies in Europe. M-Files received EIB's 2019 Innovation Award during the second annual EIB Venture Summit in Luxembourg, where leaders from Europe's most cutting-edge technology companies were gathered.

M-Files was cited for its continued focus on driving innovation in information management and recognized for revolutionizing document management with its metadata-driven, repository neutral and AI-powered platform. The M-Files Intelligent Metadata Layer (IML) delivers a simple, unified experience powered by artificial intelligence for finding, accessing and managing information residing within any system in the cloud or on-premises.

"The EIB Innovation Award marks the latest milestone in our continued mission to change the way the world manages information," said Miika Mäkitalo, CEO at M-Files Corporation. "Our unique intelligent approach has inspired a fundamental shift in how organizations manage and use information and paved the way for heightened levels of productivity and efficiency across enterprises. We are proud to be recognized by the European Investment Bank with this distinguished award."

The European Investment Bank (EIB) is the long-term lending institution of the European Union, owned by its Member States. The EIB is Europe's largest provider of venture debt, with EUR 600 million per year in long-term financing for highly innovative companies. This innovative finance product aims at supporting early-stage, highly-innovative companies in Europe. Building on the success of the EIB venture debt activities, the bank organized its second annual event, held at EIB headquarters in Luxembourg, for businesses benefiting from EIB's venture debt financing. This year the summit brought together around 200 CEOs and CFOs of the portfolio companies, their private funds sponsors, financial advisors, the European Commission, EIB staff and media.

Last year EIB signed a EUR 27 million financing agreement with M-Files to support international growth, R&D and technology leadership. The loan was made possible by the European Fund for Strategic Investments (EFSI), the central pillar of the Investment Plan for Europe, which was launched by the EIB Group and the European Commission to boost the competitiveness of the European economy.

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About M-Files Corporation

M-Files provides a next-generation intelligent information management platform that improves business performance by helping people find and use information more effectively. Unlike traditional enterprise content management (ECM) systems or content services platforms, M-Files unifies systems, data and content across the organization without disturbing existing systems and processes or requiring data migration. Using artificial intelligence (AI) technologies in its unique Intelligent Metadata Layer, M-Files breaks down silos by delivering an in-context experience for accessing and leveraging information that resides in any system and repository, including network folders, SharePoint, file sharing services, ECM systems, CRM, ERP and other business systems and repositories. Thousands of organizations in more than 100 countries use M-Files for managing their business information and processes, including NBC Universal, OMV, Rovio, SAS Institute and thyssenkrupp. For more information, visit http://www.m-files.com.

Media Contact:
Webbo Chen
10Fold for M-Files
415-800-5367
m-files(at)10fold.com

SOURCE M-Files