New Signature is a cloud-first, full-service Microsoft partner and consultancy that delivers professional and managed services to a global client base. The company serves clients across media, financial, retail, government, health and life sciences, and manufacturing. Its team provides full lifecycle solutions—from project inception and planning, through deployment to ongoing support and maintenance. New Signature is backed by private equity firm Columbia Capital. The company secured growth capital via a $15 million loan facility led by Horizon Technology Finance, with an initial $11 million funded, and will use the proceeds to fuel organic growth across the business. Management says the financing will help New Signature continue to innovate, transform and differentiate its services for clients and communities. New Signature provides Microsoft cloud solutions—Office 365, Azure and Dynamics CRM Online—for midmarket and enterprise customers, focusing on complex projects that require creativity, strategic vision and technology expertise. The company received a $35M investment from Columbia Capital to expand its capabilities and market coverage. Leadership changes accompanied the investment: Jeff Tench was named CEO and Neil Hobbs Chairman, while co-founders Christopher Hertz and David Geevaratne will serve as President and Chief Sales Officer, respectively. Management intends to use the funds to invest further in current markets, pursue national expansion, broaden and deepen areas of expertise, and seek strategic acquisitions. New Signature operates in 14 states and the District of Columbia and positions itself as a premier Microsoft partner in North America.

Total raised

$50M

Funding rounds

2

Latest round

Debt Financing

Latest activity

Jul 2018