The Munich-based investor Digital+ Partners will be on board as a strategic investor at movingimage and will support the global growth strategy for enterprise video solutions with an investment of around 7 million euros.
New markets in sight: movingimage, Europe's leading provider of cloud-based video solutions for businesses, is focusing on accelerated growth and international expansion in the USA and Japan. To implement this strategy, the company is acquiring Digital+ Partners on board – a leading provider of growth capital for B2B solutions in the IndustrialTech and FinTech sectors.
As part of this strategic partnership, the specialists in growth financing for software and technology companies are investing over €7 million in the European market leader for cloud-based enterprise video solutions. Existing investors and the management team are completing the financing round.
New goals: Faster product development and consolidated market position
With this strategic growth investment, movingimage can accelerate its product development and expand its market position in the fast-growing market for video management solutions, especially in Europe, the USA and Japan.
"Enterprise video is a key component for the digitalization of a company's internal and external business processes. However, this only works if the high demands for the secure and cost-effective management, transmission, and analysis of large amounts of data are met."
explained Dr. Dirk Schmücking, Founding Partner and Managing Director of Digital+ Partners. He continues:
"movingimage offers a highly successful combination of an innovative product, compelling market potential, and a strong team of around 100 experts. We look forward to actively supporting movingimage's global growth strategy."
In addition to providing growth capital, Digital+ Partners will also contribute its operational and strategic expertise to comprehensively support movingimage in its growth strategy.
