Cleo Communications: Cleo Receives Strategic Growth Investment to Accelerate $5.5 Billion Ecosystem Integration Software Category
Investment validates need for enterprises to redefine their B2B integration approach amidst dynamic trade and economic shifts
Cleo Communications ("Cleo" or the "Company"), a global provider of ecosystem integration software solutions, has received a significant investment from an affiliate of H.I.G. Capital ("H.I.G."), a leading global alternative investment firm with $44 billion of equity capital under management. Terms were not disclosed.
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Headquartered in Rockford, Illinois, Cleo is an ecosystem integration SaaS platform company that modernizes the movement and integration of B2B enterprise data. The Cleo Integration Cloud platform provides more than 4,000 customers worldwide with strategic supply chain visibility into revenue-critical end-to-end business processes across the ecosystems of partners and customers, marketplaces, and customers' internal applications. Cleo's solutions drive business agility, accelerate partner onboarding, automate key business processes, and capture new revenue streams through application, B2B, and data integration technologies.