PARIS, FRANCE, March 18, 2011 (Press-News.org) EntropySoft, the content connection company, announced that it has closed a US$3.5 million funding round.
This first round of financing was led by Alven Capital and will fuel the next stage of EntropySoft's growth in the content connection market. EntropySoft was previously privately owned.
The company, founded in 2005, plans to use the money to further boost its technological expertise, grow its sales team and increase its US presence.
CEO Nicolas Maquaire said: "EntropySoft's success is based on the quality and reliability of its software products. This is how we succeeded in signing technological agreements with more than 25 major US software vendors over the past two years. We now want to increase the visibility of our products for large organizations and add direct sales to our very successful OEM business model. With this new capital, we are going to reach a new level of expertise and visibility."
Guillaume Aubin, Managing Partner at Alven Capital explains: « EntropySoft have a strong presence in a fast-growing market, with a technologically superior product offer. The company has proven that it has the vision and the execution track record to be a leader in their markets. This infusion of capital will position the company for an explosive year."
EntropySoft offers to software vendors and large corporations products to increase content management systems interoperability and manage easily document transfers. Large software companies such as EMC Documentum, Symantec, Box or Endeca already signed OEM agreements to use EntropySoft technology. Saint-Gobain, the world leader in the habitat and construction markets, or Total, one of the biggest energy groups in the world, have selected the innovative EntropySoft products for some of their critical operations.
EntropySoft enables the real-time content synchronization of different content silos, such as SharePoint and IBM FileNet. There are many use cases for this technology inside the corporation itself and also to connect company repositories in the cloud and in-house. Real time content synchronization also changes the face of collaboration, directly between partners or for companies sharing documents in the cloud.
EntropySoft's star product is Content Hub. Content Hub centralizes the access to information and automates document transfers between Content Management Systems.
Content Hub is using EntropySoft's 40 CMS connectors. EntropySoft's portfolio of connectors is the secret sauce for EntropySoft's success. The connectors are highly successful thanks to their unequalled features and market-tested robustness. They are the key to Content Hub's capacity to connect to and work with documents in more than 40 Content Management Systems.
In March, EntropySoft unveiled a major new version of its Content Hub and added new features for synchronization, content transfers and automatic mapping of permissions, users and groups.
By increasing its technological lead, the company expects to continue signing OEM agreements and grow exponentially the number of direct customers in the coming 12 months.
- Financial Advisor: Aelios Finance (Veronique Roth, Pierre Dropsy)
- Legal Advisor for EntropySoft: Nixon Peabody (Douglas Glucroft, Emmanuelle Porte, Sylvie Hamel)
- Legal Advisor for Alven Capital: Gide Loyrette Nouel (Pierre Karpik, Emilie Leygonie)
- Financial Due Diligence Provider: Ernst & Young (Emmanuel Picard, Renaud Regner)
- Strategic Market Due Diligence: Pierre Audoin Consultants (Vincent Gelineau, Olivier Rafal)
About Alven Capital
Alven Capital is an independent venture capital firm that invests in high-potential technology, services and media companies. With over $210 million under management, Alven Capital has already invested in more than 40 companies in Europe including Aquarelle, Liligo, Wanimo, Splendia, MonShowroom.com, MyFab.com, SeLoger.com, Webhelp, Newsweb, Companeo, Metaboli, Prowebce and Qosmos.
For more information, visit http://www.alvencapital.com
EntropySoft is a specialist of content connectivity. EntropySoft's mission is to connect applications to information.
EntropySoft technology is used by software vendors and large companies to simplify integration of their products with Enterprise Content Management solutions and cloud repositories. Application fields are numerous: Enterprise Search, BPM, e-discovery, Records Management, Collaboration, Data Loss Prevention, etc...
The following leading global organizations chose EntropySoft products: Alfresco, Box.Net, EMC, Endeca, IDS Scheer and Symantec.
For more information, visit http://www.entropysoft.net
EntropySoft Closes $3.5M Funding Round
EntropySoft, the content connection company, announced that it has closed a US$3.5 million funding round. The company plans to use the money to further boost its technological expertise, grow its sales team and increase its US presence.
2011-03-18
ELSE PRESS RELEASES FROM THIS DATE:
Synchronous ICT Releases New Anti-Firewall Mobile Dialer For VoIP Market
2011-03-18
VoIP is gaining it's popularity day by day since this technology launched at the end of last century. Now VoIP technology is truly mobile with the widespread utilization of mobile internet through Wi-Fi, GPRS, EDGE and 3G. Public telephone networks are restricted to specific country boundary and even it sometimes offers international roaming service, it is not cheap at all. Mobile dialer technology in VoIP makes it easy to redirect call to any mobile device located to any geographical region of the world. Now, with one mobile, one can make and receive calls while traveling ...
New England Mail Order Association Names iGoDigital as New Member
2011-03-18
iGoDigital, the market and technology leader in personalized product recommendations and guided selling tools, announces the company's selection to the New England Mail Order Association (NEMOA), one of the nation's most active multichannel merchant associations dedicated exclusively to the catalog/multichannel industry. Through NEMOA, iGoDigital will gain access to industry-leading resources in development, marketing and training that will further the company's ability to guide retailers' shoppers to relevant, accurate and real-time personalized product recommendations.
Founded ...
IQPC gather European A&D leaders at the 2011 Acquisition & Divestiture Summit
2011-03-18
Next week the oil and gas industry's key players in acquisition & divestiture will be gathering in London at IQPC's 9th annual Acquisition & Divestiture Summit with one common goal; to raise their profiles, explore opportunities and build relationships in order to create fast moving and profitable deals that deliver real value to their businesses.
Acquisition and divestiture is a fundamental part of the European oil and gas industry. With the economic instability of recent years' impacting on the industry, iit's more important than ever for exploration and production ...
60 Applications from Paragon Software Group Available at Intel AppUp Center
2011-03-18
Paragon Software Group, a leading software developer for mobile devices and desktop PCs, and Intel, a world leader in computing innovation, announce that they have signed a multi-year partnership agreement to offer Paragon applications through Intel AppUp Developer Program. Paragon's 44 premium-content dictionaries and reference works from the world's top publishers, such as Berlitz Publishing, Larousse Editorial S.L., Langenscheidt KG, Merriam-Webster Inc., PONS GmbH - to name a few, as well as its pioneering, award-winning PenReader multilingual handwriting-recognition ...
Winning STEP Announces New Blog "Whitney's Winning STEPs
2011-03-18
Winning STEP is proud to announce its new Blog, written by the Director of Curriculum & Instruction, Lydia Whitney. "Whitney's Winning STEPs" offers personal observations, insights and practical tips for those facing major life transitions. The goal of the blog is to share strategies and recent research in order to provide hands-on help for handling change.
"Not only have I spent the last three years researching these topics," states Lydia Whitney, Director of Curriculum & Instruction for Winning STEP , "but I have also personally gone through them. I remember making ...
ZOTAC Debuts New Mainstream Graphics Cards
2011-03-18
ZOTAC International, a leading innovator and the world's largest channel manufacturer of graphics cards, motherboards and mini-PCs, today debuts a pair of new mainstream graphics cards with the ZOTAC GeForce GTX 550 Ti and GTX 550 Ti AMP! Edition. The new ZOTAC GeForce GTX 550 Ti series is designed for maximum performance per watt while delivering an outstanding 3D gaming experience.
Equipped with an ultra-wide 192-bit memory interface paired with lightning-fast GDDR5 memory, the ZOTAC GeForce GTX 550 Ti series delivers 70-percent more memory bandwidth than previous ...
Bitrix 2010 Sales Rise 42% with Intranet Sales Growth Doubling the CMS Result
2011-03-18
Throughout 2010, Bitrix, Inc., a technology trendsetter in business communications, exhibited year-on-year growth in revenues and added major improvements to its flagship products. The Company attributes its success to the highly coordinated development and marketing teams, the exceptional work of its partners and resellers, and the total experience provided to clients.
One noticeable feature of 2010 was the massive growth in the market for intranet solutions. The sales growth of Bitrix Intranet outpaced that of Bitrix Site Manager by two times.
Steady growth in the ...
Innovative 3D Rapid Prototyping Printer, 3D Laser Scanning & CAD Business in Utah Saves Time & Money
2011-03-18
3D ProtoPrint, was founded in 2009 to transform innovative ideas into a physical reality for a diverse client base of designers, entrepreneurs, inventors, engineers- anyone who wants to turn their idea into a physical product that can be held and tested.
They say "a picture is worth a thousand words" and 3D ProtoPrint takes that idea to an even higher level of a working functional prototype. Using their 3D laser scanner and 3D software tools, they can take an object and reverse engineer it and then create a detailed 3D CAD model that can be modified, and then 3D printed ...
Bank Loan Software From AccuSystems Chosen By Steele Street Bank & Trust
2011-03-18
AccuSystems, a trusted banking software company, announced today that Steele Street Bank and Trust of Denver, Colorado has selected its AccuAccount bank loan software. In addition to managing loan files and providing streamlined exception tracking, AccuAccount provides automated deposit tracking and electronically organizes trust department documents.
"Our AccuAccount bank management software has been trusted by banks for two decades," said Alan Wooldridge, Co-President of AccuSystems LLC. "We are honored to be the preferred supplier of bank imaging products at Steele ...
Da Bruno Italian Restaurants Marbella Are Awarded With The Brand Recognition Of Italian Hospitality
2011-03-18
What's more it certifies that the products used in the restaurants are of Italian origin. In fact to be awarded the "Italian Hospitality" brand, also means that this Marbella Restaurants ( http://www.dabruno.com/index.php ) group incorporate authentic Italian decorative elements throughout their restaurants.
After over fifteen years of welcoming their customers, the Da Bruno Marbella Restaurants team feel very proud to be awarded this true hallmark of being part of the "Great Italy" tradition.
Born in 1997 the "Italian Hospitality" brand puts applicants through a ...
LAST 30 PRESS RELEASES:
Study challenges assumptions about how tuberculosis bacteria grow
NASA Goddard Lidar team receives Center Innovation Award for Advancements
Can AI improve plant-based meats?
How microbes create the most toxic form of mercury
‘Walk this Way’: FSU researchers’ model explains how ants create trails to multiple food sources
A new CNIC study describes a mechanism whereby cells respond to mechanical signals from their surroundings
Study uncovers earliest evidence of humans using fire to shape the landscape of Tasmania
Researchers uncover Achilles heel of antibiotic-resistant bacteria
Scientists uncover earliest evidence of fire use to manage Tasmanian landscape
Interpreting population mean treatment effects in the Kansas City Cardiomyopathy Questionnaire
Targeting carbohydrate metabolism in colorectal cancer: Synergy of therapies
Stress makes mice’s memories less specific
Research finds no significant negative impact of repealing a Depression-era law allowing companies to pay workers with disabilities below minimum wage
Resilience index needed to keep us within planet’s ‘safe operating space’
How stress is fundamentally changing our memories
Time in nature benefits children with mental health difficulties: study
In vitro model enables study of age-specific responses to COVID mRNA vaccines
Sitting too long can harm heart health, even for active people
International cancer organizations present collaborative work during oncology event in China
One or many? Exploring the population groups of the largest animal on Earth
ETRI-F&U Credit Information Co., Ltd., opens a new path for AI-based professional consultation
New evidence links gut microbiome to chronic disease outcomes
Family Heart Foundation appoints Dr. Seth Baum as Chairman of the Board of Directors
New route to ‘quantum spin liquid’ materials discovered for first time
Chang’e-6 basalts offer insights on lunar farside volcanism
Chang’e-6 lunar samples reveal 2.83-billion-year-old basalt with depleted mantle source
Zinc deficiency promotes Acinetobacter lung infection: study
How optogenetics can put the brakes on epilepsy seizures
Children exposed to antiseizure meds during pregnancy face neurodevelopmental risks, Drexel study finds
Adding immunotherapy to neoadjuvant chemoradiation may improve outcomes in esophageal cancer
[Press-News.org] EntropySoft Closes $3.5M Funding RoundEntropySoft, the content connection company, announced that it has closed a US$3.5 million funding round. The company plans to use the money to further boost its technological expertise, grow its sales team and increase its US presence.