Apesoft Secures $3.8 Million in Financing From DEBAEQUE

Mon Jul 13, 2009 7:01am EDT
 
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  BARCELONA, SPAIN, Jul 13 (MARKET WIRE) -- 
Apesoft, a Business Intelligence software solutions company headquartered
in Barcelona and with offices in the US, today announced that it has
secured a $3.8 Million round of equity financing from DEBAEQUE.

    "We welcome this round of investment from truly value-added investors who
have teamed with Apesoft to leverage an international expansion in the
United States," said Jaume Juan, founder of Apesoft. "This funding enables
us to expand our global presence faster."

    "Apesoft strengthens our portfolio presence in the Spanish software
industry, where we have a unique position with three of the most
representative local players. We are really pleased to be part of this
exciting venture," said Patrick Raibaut, founding partner at DEBAEQUE
Venture Capital.

    With this funding from leading Spanish investors such as DEBAEQUE, Apesoft
is poised for significant future growth and leadership in its markets. For
instance, Apesoft has experienced very strong growth in the last years. In
2009 the company forecasts strong double digit growth (+64%) due to its
international expansion and plans to create more than 100 new jobs in the
next year.

    About Apesoft

    Apesoft is a Business Intelligence software company founded in 1994,
headquartered in Spain, and with offices in the US. Apesoft operates in 10
countries through a network of qualified resellers, consulting partners
and OEMs, who strive to help their customers operate more efficiently,
increase productivity, save time, and rise to the challenges of
competition.

    Apesoft provides complementary high value Business Intelligence software
solutions to organizations of all sizes addressing the need to extend
their analytical capabilities throughout the company, optimize
decision-making processes, improve the ability to identify opportunities,
adjust to changes in the competitive environment, and drive improvements
in business performance.

    More than 6,000 users in 250 organizations depend on Apesoft's flagship
server-based Excel report automation and distribution system, DataCycle
Reporting.

    For additional information, see: www.Apesoft.com

    About DEBAEQUE

    DEBAEQUE is an independent venture capital firm, based since 2001 in
Spain, dedicated to investments in TMT (Telecommunications, Media and
Technology) with a specific focus in the software and Internet/media
industries.

    DEBAEQUE seeks out the top entrepreneurial teams in each investment area
and then brings to bear all of its core assets in helping the
entrepreneurs to build their company. DEBAEQUE's involvement has ranged
from helping companies get started and structuring spin-outs to assessing
strategic options, recruiting key personnel, providing marketing
assistance and closing business development deals.

    DEBAEQUE has a unique and distinguishing focus in the field of investment,
with special emphasis on generating business in its portfolio's companies.

    DEBAEQUE's software investments include Oasyssoft (www.oasyssoft.com) and
NTR Global (www.ntrglobal.com).

    For additional information, see: www.debaeque.com

    

USA Media Contact:
Shelli Ryan
For Apesoft
702-567-1115
Email Contact

Copyright 2009, Market Wire, All rights reserved.

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