Pumacy Technologies AG  » News » Press » Pumacy Systems secures financing round of 1.2 million Euro for business growth

Veröffentlicht am: 13.09.2013

Investment in knowledge management: Pumacy Systems secures financing round of 1.2 million Euro for business growth

  • Mittelständische Beteiligungsgesellschaft Sachsen, Investitionsbank Sachsen-Anhalt and private investors invest 7-digit amount
  • Main goal of the investment is the upgrade and further development of cloud-based knowledge management software KMcloud

Pumacy Systems, provider of innovative knowledge management software, successfully completed a financing round and secures 1.2 million Euros. The growth finance of Mittelständische Beteiligungsgesellschaft Sachsen, Investitionsbank Sachsen-Anhalt and private investors aims at the further development of the product strategy for cloud-based knowledge management software KMcloud (www.kmcloud.de). Additionally, the investment will leverage further marketing activities for the product, which is an edition of the KMmaster platform, and manifest its leading role in technology. A further goal is to advance its service and support centre.

The SaaS solution KMcloud enables companies or project teams to capture exchange and manage knowledge. Experiences and information are collected as Lessons Learnt, Best Practices and FAQs and made accessible for everyone concerned. To make knowledge capturing and sharing easier, KMcloud offers standardised processes. This way knowledge doesn’t get lost and solutions will never have to be worked out twice again. (watch product video)

Pumacy CEO Dr. Toralf Kahlert on the investment: “The market for collaborative knowledge management is still very young. With the growth finance we now get the chance to support our market-proven product KMcloud with a comprehensive marketing strategy.” He adds: “We’re especially happy to have not just won prominent investors but also long-term partners for our strategy.”

Nils-Christian Giese, head of branch care at Mittelständische Beteiligungsgesellschaft Sachsen mbH: “The team of Pumacy convinced us with their significant experience in the field of knowledge management as well as their technological approach to this growing market.”

Manfred Maas, CEO of Investitionsbank Sachsen-Anhalt, adds: “Within the last twelve years the Pumacy group managed on their own resources to develop into an internationally recognised service provider for the manufacturing industry. We are convinced that Pumacy will also master their new challenges of product business and are glad to accompany them on their way.”

About Pumacy Systems GmbH

Pumacy Systems is a software company of the Pumacy group. With the software KMmaster as well as the cloud-based version KMcloud  they develop a knowledge management platform for the process-based management of information and documents.

Pumacy has already worked for international small and medium-sized manufacturers in the aviation and automobile sectors as well as in mechanical engineering, plant construction and the life sciences industries. In addition, Pumacy has references of significant international projects.

Mittelständische Beteiligungsgesellschaft Sachsen mbH

MBG is a German Saxony-based associated company. It accompanies regional business set-ups, growth and follow-up investments.

Investitionsbank Sachsen-Anhalt

The Investitionsbank Sachsen-Anhalt is the central support institution of the state Sachsen-Anhalt and supports companies as well as private and public clients.