M-Files, Finnish intelligent information management company, has raised $80 million (€67 million) in an investment round led by European growth capital firm Bregal Milestone, with current investors Partech, Tesi and Draper Esprit also participating.
“We’ve identified opportunities to accelerate our growth and further expand M-Files’ market penetration, especially in North America,” said Antti Nivala, CEO and Founder of M-Files.
Tampere-based M-Files provides an intelligent, repository neutral platform that utilizes metadata and artificial intelligence (AI) to break down information silos and unify systems, data and content across an organization. M-Files embeds within popular digital workplace platforms, including Microsoft 365, Salesforce and Google Workspace, enabling users to access and manage documents and information from the applications where they prefer to work.
M-Files Secures $80 Million Growth Investment Led by Bregal Milestone
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Bregal Milestone, a European growth capital firm, led the round with current investors Partech, Tesi and Draper Esprit also participating
(Left) Cyrus Shey, Managing Partner of Bregal Milestone
(Right) Antti Nivala, CEO and Founder of M-Files The valuable investment from Bregal Milestone, bolstered by support from our existing shareholders Partech, Tesi and Draper Esprit, will enable M-Files to deliver further innovations in product development, AI and our cloud platform, said Antti Nivala, CEO and Founder of M-Files. AUSTIN, Texas and TAMPERE, Finland and LONDON (PRWEB) January 12, 2021
M-Files, the intelligent information management company, today announced that it has received a strategic investment of $80 million (€67 million). Bregal Milestone, a European growth capital firm, led the round with current investors Partec