Topic: funding
Company enosix, Inc., a leading technology provider of real-time, pre-built SAP data integration solutions, announced the successful completion of its $10 million (M$) growth financing led by MK Capital. enosix will use the product to accelerate the development and expansion of its SAP integration platform, while expanding its support for Salesforce, MuleSoft and ServiceNow customers.
enosix is a proven SAP data integration solution trusted by the world’s leading manufacturers, including the following recent customers: Prevost, a member of the Volvo Group, Tremco Inc. and Carl Zeiss AG. enosix helps SAP ERP customers with critical real-time, last-mile integration, supporting digital transformation efforts by eliminating hidden, error-prone data flows between systems. enosix improves data reliability, automation and business agility in areas such as commercial quoting, IT asset management, business supply chain management and B2B eCommerce, among others. , enabling the best use of professional resources and resources with SAP knowledge. These benefits translate into better customer experience and greater revenue growth.
Over the past 30 years, we have done due diligence on hundreds of technology companies,” noted Mark Koulogeorge of MK Capital. We have never had a company score better than enosix for reliability and product quality. Excellent product performance over millions of transactions differentiates enosix from its competitors.
Jamie Bedard, CEO of SAPinsider, said: The business environment for SAP customers continues to become more complex. The rapid adoption of cloud-based solutions following the global pandemic has increased this difficulty. enosix’s unique real-time, optimized SAP integration creates a huge buzz in the SAP industry and provides a potential safety net for tens of thousands of SAP ERP business customers. who are behind in their S/4HANA migration plans, but also. for those trying to keep up with the business needs of digital transformation but don’t have the time, resources or talent with SAP skills to support a traditional master integration.
Nick Fera, CEO of enosix, said: The growing demand for pre-defined, real-time two-way access to legacy ERP solutions, especially in these tough economic times, positions enosix to achieve exceptional growth. Companies are tired of paying system integrators millions for custom integration solutions that only provide a mediocre experience and require long-term maintenance. The ability to have a “two-way conversation” with your legacy ERP solutions is no longer a dream, enosix offers a platform to handle complex pricing and quoting and is now well positioned to expand.
About enosix, Inc.
enosix is a real-time measurement, pre-built SAP ERP integration. The company provides real-time data optimization, which enables a faster and more responsive customer experience by reducing error-prone data entry and delays in receiving information. enosix seamlessly integrates SAP ECC and S/4HANA systems with modern front-end systems such as Saleforce, MuleSoft, and ServiceNow to drive rapid digital transformation. The enosix platform uses built-in integration processes (PIPs) that require little or no software, so businesses can quickly realize value? in weeks instead of months. enosix data virtualization application frees data, business processes, authorizations and user rights from SAP without recreating them from the front end; providing a landscape map back in an easy-to-understand, real-time, two-way interface. For more information, visit www.enosix.com
About MK Capital
MK Capital is a leading early-stage investor in the software and cloud services industry. The firm’s partners, who have an average of more than 20 years of venture capital experience, actively collaborate with entrepreneurial management teams to build best-in-class companies that accelerate the digital transformation of the global economy. MK Capital manages over $400M in capital and is actively seeking new investment opportunities. For more information, visit www.mkcapital.com.
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