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UNQUOTE
  • Expansion

SPAIN - Adara and MCI invest EUR 2.5m in Polymita Technologies

  • Lisa
  • 26 April 2006
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Polymita Technologies, a Spanish software provider of business process management (BPM), portals and enterprise content management platforms (ECM), has announced a €2.5m joint investment in the organisation made by venture capital companies Adara Ventures and Molins Capital Inversión. The incoming capital will fund the growth of Polymita Technologies by consolidating its international business operations and enabling the company to continue with its extensive R&D programme. 'Polymita Technologies is going through an exciting strengthening phase,' commented Erik Brieva, Polymita Technologies’ CEO. 'We already have an integrated BPM, portals and ECM platforms that offer one of the best ROI levels in the IT industry. Our objective now is to grow our presence in international markets to position Polymita Technologies amongst the world’s leading BPM software companies.'

Founded just over three years ago, Polymita Technologies has already achieved recognition at a European level. In December 2005, the company was selected as one of Europe’s thirteen most promising IT companies by the Gate2Growth contest promoted by the European Commission. The previous year, the company received a €300,000 prize granted by the Spanish Technological and Industrial Development Centre (Ministry of Trade and Industry).
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