MK Capital | Jotup

Optilogic Defies Market Dynamics to Secure New Funding and Investment Partners

Retrieved on:

Wednesday, September 13, 2023

Growth, MK Capital, Software as a service, Partnership, Risk, Video game

ANN ARBOR, Mich., Sept. 13, 2023 /PRNewswire/ -- Supply chain network design software innovator, Optilogic, has secured funding from new partners Augment Ventures and Beringea and existing investors MK Capital and Multiverse Investments. The funding supports Optilogic's rapid growth and makes a new era of supply chain design a reality with industry-exclusive features in its Cosmic Frog platform that enable companies to:

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In addition, the platform goes beyond the competition by layering risk ratings to its optimization and simulation engines."
Optilogic CEO and Founder, Donald A. Hicks, sees this funding as a significant step in the company's growth.
"This new investment partnership recognizes the critical nature of the technology we're building: Optilogic gives any company the ability to envision and design a future supply chain without having to stumble into it.
To not just reach the 'efficiency curve' of the current supply chain, but to shift the entire curve."

enosix, Inc. Closes $10 Million Financing with MK Capital to Support Real-Time SAP Integration

Retrieved on:

Tuesday, May 16, 2023

enosix, Inc. , the leading technology provider of real-time, prebuilt SAP data integration solutions, announced the successful completion of its $10 million growth financing led by MK Capital.

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enosix, Inc. , the leading technology provider of real-time, prebuilt SAP data integration solutions, announced the successful completion of its $10 million growth financing led by MK Capital.
enosix will use the proceeds to accelerate the development and expansion of its SAP integration platform, while expanding its support of Salesforce, MuleSoft, and ServiceNow clients.
enosix is the proven, SAP data integration approach that is relied upon by leading global manufacturers including recent customer additions, Prevost, a member of Volvo Group, Tremco Inc., and Carl Zeiss AG.
enosix empowers SAP ERP customers with the critical last mile of integration in real-time, boosting digital transformation efforts by eliminating error-prone, latent, swivel-chair data entry between systems.

Datanomix Lands $12M in Growth Capital for its Leading Production Intelligence Platform

Retrieved on:

Wednesday, May 10, 2023

Intelligence, Investment, ERP, Attention, Veteran, Next, Product intelligence, Hexagon, Entrepreneurship, MK Capital, OEM, Cryptocurrency

NASHUA, N.H., May 10, 2023 /PRNewswire/ -- Datanomix the leading production intelligence platform for precision manufacturers, announced it has raised $12M in new growth capital. The round was led by MK Capital and Joint Effects, with investment participation from Hub Angels, multiple Datanomix customers, and previous investors Gutbrain Ventures, PBJ Capital, and CEAS Investments. Mark Koulogeorge of MK Capital will be joining the company's Board of Directors.

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New funding from MK Capital, Joint Effects, Hub Angels and existing investors to drive geographic and digital expansion of its mission to deliver Production Intelligence for the Next Generation™
NASHUA, N.H., May 10, 2023 /PRNewswire/ -- Datanomix the leading production intelligence platform for precision manufacturers, announced it has raised $12M in new growth capital.
The round was led by MK Capital and Joint Effects , with investment participation from Hub Angels , multiple Datanomix customers, and previous investors Gutbrain Ventures, PBJ Capital, and CEAS Investments.
"Over the last two years, Datanomix has taken the market by storm with significant customer growth and product leadership," said John Joseph, CEO and Co-founder of Datanomix.
"When Datanomix arrived on the scene, production insight had stagnated," said Kylan Hastreiter, Vice President at Hastreiter Industries.

Optilogic Secures New Investment to Transform Supply Chain Design

Retrieved on:

Tuesday, January 31, 2023

Organization, Research, Marketing, Risk, Software, ANN, MK Capital, Management

ANN ARBOR, Mich., Jan. 31, 2023 /PRNewswire/ -- Supply chain design software innovator Optilogic has secured $13 million in financing, led by MK Capital, a venture capital firm focused on supporting innovative B2B software companies. The funding will allow Optilogic to help any enterprise with a physical supply chain get full visibility into the cost, service, and risk of different supply chain design scenarios. With this investment, Optilogic will continue to expand go-to-market programs in consumer goods, retail, logistics, manufacturing, and distribution industries, as well as further development of its Cosmic Frog supply chain design platform.

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The funding will allow Optilogic to help any enterprise with a physical supply chain get full visibility into the cost, service, and risk of different supply chain design scenarios.
With this investment, Optilogic will continue to expand go-to-market programs in consumer goods, retail, logistics, manufacturing, and distribution industries, as well as further development of its Cosmic Frog supply chain design platform .
"By empowering organizations of all sizes and maturity levels to make smarter, faster supply chain decisions that consider risk, Optilogic is poised to transform the field of supply chain design and dramatically expand the addressable market."
Traditional supply chain design technologies have complex user interfaces, require costly capital and IT investment, and have lengthy implementation processes.

Nerdio Secures $117 Million Series B Investment from Updata Partners

Retrieved on:

Wednesday, December 14, 2022

EUC, Software, MK Capital, Data as a service, MSP, Microsoft Endpoint Manager, Microsoft, Organization, Growth, General partnership, Corporation, Automation, Software as a service, Video game console, 3D printing, Video game, Updata, Azure

CHICAGO, Dec. 14, 2022 (GLOBE NEWSWIRE) -- Nerdio , the premier solution for organizations of all sizes looking to deploy virtual desktops leveraging native Microsoft technologies, today announced completion of a Series B funding round investment of $117 million by Updata Partners, a leading growth equity company.

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CHICAGO, Dec. 14, 2022 (GLOBE NEWSWIRE) -- Nerdio , the premier solution for organizations of all sizes looking to deploy virtual desktops leveraging native Microsoft technologies, today announced completion of a Series B funding round investment of $117 million by Updata Partners, a leading growth equity company.
“We are incredibly excited to join Nerdio on their journey helping enterprise organizations and partners modernize their DaaS initiatives and delivery methods,” said Carter Griffin, General Partner, Updata.
Updata Partners is a leading technology-focused growth equity firm in Washington D.C. with over $1.5 billion in committed capital.
MK Capital manages more than $300 million in capital and is actively seeking new investment opportunities.

Leading White Label UCaaS Provider RingLogix Raises $3M Series A

Retrieved on:

Tuesday, October 11, 2022

Leading white-label UCaaS provider RingLogix received a $3M series A investment from MK Capital to strengthen its position as one of the fastest-growing software companies enabling managed service providers (MSPs) to brand and resell unified communications as a service.

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Leading white-label UCaaS provider RingLogix received a $3M series A investment from MK Capital to strengthen its position as one of the fastest-growing software companies enabling managed service providers (MSPs) to brand and resell unified communications as a service.
As customers of RingLogix, MSPs can effectively own the UCaaS customer relationship, while simultaneously increasing the profitability and value of their businesses.
Albert Diaz, CEO of RingLogix said, This investment represents the next chapter in the RingLogix story.
Bret Maxwell, Managing General Partner of MK Capital said, The RingLogix investment was a natural for our firm.

Relay Robotics Secures $10 Million Financing

Retrieved on:

Monday, May 2, 2022

Relay Robotics, Inc. a new corporation formed by the acquisition of leading robotics developer Savioke announced the completion of a $10,000,000 Series A Financing and the appointment of veteran technology executive, Michael ODonnell, as Chairman and Chief Executive Officer.

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Relay Robotics, Inc. a new corporation formed by the acquisition of leading robotics developer Savioke announced the completion of a $10,000,000 Series A Financing and the appointment of veteran technology executive, Michael ODonnell, as Chairman and Chief Executive Officer.
Savioke Co-Founder, Steve Cousins, will become Chief Technology Officer of Relay Robotics and lead the companys product strategy and innovation efforts.
With COVID-19 retreating, the markets Relay Robotics serves (hospitality, healthcare, and real estate), are poised for a robust recovery.
Relay Robotics and its affiliates have been technology leaders in robotics since 2013 and hold 10 U.S. patents.

Nerdio Appoints Gavriella Schuster to Board of Directors

Retrieved on:

Tuesday, April 12, 2022

Schuster brings a wealth of experience to Nerdio related to driving digital and cloud transformation for partners and organizations utilizing Microsoft technologies.

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Schuster brings a wealth of experience to Nerdio related to driving digital and cloud transformation for partners and organizations utilizing Microsoft technologies.
We are thrilled to welcome Gavriella to our board of directors amid a time of tremendous growth and opportunity for our company, said Vadim Vladimirskiy, CEO and co-founder, Nerdio.
Schuster joins Nerdio board members Bret Maxwell, MK Capital; Harry Zoberman, Zoberman Advisory Group; and Andy Lees, another former top Microsoft executive with extensive product and enterprise go-to-market (GTM) expertise.
Schuster also sits on the board of directors for Open Systems, Chinasoft International, Women in Cloud, and SHE, in addition to holding advisory board positions with many organizations including the International Association of Microsoft Channel Partners (IAMCP).

CIBC Innovation Banking Provides $35 Million Debt Facility to Intradiem to Accelerate Growth

Retrieved on:

Tuesday, November 30, 2021

Banking, Professional Services, Venture Capital, Finance, MK Capital, IPO, Solution, Efficiency, Automation, Growth, Bank, Sales, CIBC Innovation Banking, Intradiem, CIBC INNOVATION BANKING, INTRADIEM

CIBC Innovation Banking is pleased to announce a debt facility of $35 million for Atlanta-based Intradiem, a leading provider of automation technology solutions for customer service teams.

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CIBC Innovation Banking is pleased to announce a debt facility of $35 million for Atlanta-based Intradiem, a leading provider of automation technology solutions for customer service teams.
Intradiem will use the capital to expand its market growth and accelerate the launch of strategic products to deliver on its next generation platform and machine learning initiatives.
The CIBC Innovation Banking team has provided incredible support to our team at Intradiem, said Bryan Jones, Intradiems Chief Financial Officer.
Intradiem provides Intelligent Automation solutions that help customer service teams boost productivity, enhance employee engagement, and improve the end-customer experience.

Vimly® Benefit Solutions Secures Financing to Fuel Innovation and Growth

Retrieved on:

Wednesday, October 13, 2021

Vimly Benefit Solutions, the HRIS BenTech platform that provides a digital quote-to-card experience for carriers, third-party administrators, general agents, brokers, employers, and employees, announces the closing of a growth equity financing round led by MK Capital.

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Vimly Benefit Solutions, the HRIS BenTech platform that provides a digital quote-to-card experience for carriers, third-party administrators, general agents, brokers, employers, and employees, announces the closing of a growth equity financing round led by MK Capital.
For nearly three decades, Vimly has enabled deep and personal connections within the BenTech and InsurTech industry through its unique Vimly OneBill product.
Vimly OneBill consolidates and manages interactions across all benefits and carriers: one enrollment, one bill, one payment.
About Vimly Benefit Solutions Vimly Benefit Solutions provides an HRIS BenTech platform that delivers a digital quote-to-card experience for carriers, third-party administrators, general agents, brokers, employers, and employees.