Second round financing successfully completed Dresden, December 9, 2010. ubigrate is growing successfully and secures a significant amount of capital in the second round of financing. The software company founded in 2008 in Dresden, Germany, is a specialist for business activity monitoring (BAM) in production and logistics. The products create maximum transparency through accurate and automatic detection and evaluation of process information in real time. This results in a permanent reduction in costs as well as reducing energy consumption and emissions. New lead investor participates with capital and know-how with the sympasis innovation capital GmbH of Karlsruhe an experienced, specialized on technology companies lead was won in the second funding round investor.
The high degree of standardization of ubigrate products, as well as their on-demand availability BAM is affordable for small and medium-sized enterprises. Only those who know its processes, can they optimize and reduce costs “, says Frank cross, managing partner of sympasis innovation capital GmbH. In addition, the KfW banking group invested in ERP startup Fund in the future by ubigrate. The founders and the former investor, the High-Tech Grunderfonds, engage in new financing. ubigrate is can occupy in the future especially a leading position as a supplier of business activity monitoring solutions, in production and logistics. While the company benefits from its experience as a specialist in software for integrating intelligent devices into business processes, Romy says quickly, in the High-Tech Grunderfonds investment manager. New funding finance healthy growth the additional funds invested ubigrate in the development of products, expansion of sales activities, as well as the establishment of a network of distribution partners.
A professional service department is established to further professionalize the quality of counselling and support services. The financing round completed the next step makes it possible for us: we will expand our product range consistently and solid broaden our customer base. Goal is to become the leading provider of business activity monitoring in production and logistics in the German-speaking countries”, says Dr. Jurgen Anke, Managing Director of ubigrate GmbH. new investor Advisory Committee takes work on part of the negotiations in the second round of financing was the formation of an investor Advisory Board, which should intensify coordination between the ubigrate management team and the investors. Chairman of the investor Advisory Committee is Dr. Manfred Spindler, who was a member of the Board of Directors of the former Degussa AG and the management of today’s Evonik Degussa GmbH from 1997 to 2008.More competent support Gets the new investor Advisory Committee by Romy fast (High-Tech Grunderfonds) and Frank Cross (business angel and investor, sympasis innovation capital GmbH). About ubigrate GmbH ubigrate specialises in business activity monitoring and technology leader in the integration of heterogeneous device landscapes in production and logistics. The software products collect process information in real time, evaluate and create maximum transparency in logistics and production processes for the customers. This leads to significant cost savings and reduces both energy consumption and pollutant emissions. The offer includes standard products for container management and cold chain monitoring, which can be used also on-demand based on Web technologies. ubigrate develops specific solutions with OEM partners, which round off the product portfolio. The company is a spin-off of SAP research Dresden. Ubigrate a total of 15 staff employed in the offices in Dresden, Dortmund and Karlsruhe.