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The Venture Codex

Software AG

Uhlandstrasse 12, Darmstadt, Hessen, 64297, Germany

Overview

Software AG provides business process management, data management, and consulting services worldwide. It operates in three segments: business process excellence, enterprise transaction systems, and consulting. The BPE segment offers software products and services for integrated business process management solutions for organizations in various industries. This segment offers ARIS, a technological platform that enables companies to plan, visualize, and evaluate processes, applications, technologies, data, and organizational structures; Alfabet technology platforms for planning and optimizing IT infrastructures; and webMethods, which bridges a service-oriented architecture with process automation/optimization and real-time monitoring and control of applications. It also provides Apama, a platform for real time development of event-driven applications for investment banks, funds, and other institutional traders; Terracotta, which manages data using in-memory technology to search and retrieve results in microseconds; Process Live, a process optimization application; Portfolios Live, a cloud base service for IT portfolio management; and Agile AppsLive for non IT-business units. The ETS segment provides database solutions for mainframes, and development and modernization of mainframe-based IT systems. This segment offers Adabas, database management system; and Natural, a development environment that allows users to create new programs and modify existing ones. The consulting segment provides SAP consulting services for process consulting and German-speaking countries.

Total investments
5
Lead investments
3
Investments · 12mo
0
Active investors
0

Sector focus

  • Big Data
  • Consulting
  • Enterprise Software
  • Software
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Investment portfolio

  • iCharts

    Led · Series B · Feb 2016

    iCharts provides a cloud-based collaborative data visualization platform that enables business users, enterprises and data providers to create, embed and share interactive visualizations. The platform is fully native inside NetSuite and is a premiere partner of Google’s BigQuery. Customers include The Coca-Cola Company, IDC and MarketWatch. The company closed a $5.5M Series B2 and has now raised a total of $15M. It intends to use the funds to further accelerate growth in the collaborative visual and business intelligence market and recently opened a sales office in Roseville, CA to support expansion. iCharts is led by co-founder and CEO Seymour Duncker. iCharts offers the cloud-based Foresight Visual Analytics Platform for visualizing complex business information, large-scale research and dynamic data sets. The platform enables users to create, distribute and collaborate via comprehensive dashboards, interactive reports and intuitive charts. iCharts' software is designed to scale from 10 to 10,000 users and supports technology ecosystems including NetSuite and Salesforce. The company says it will use proceeds from its latest financing to continue to grow operations. Financially, iCharts has recently raised outside capital, including a $4.3M round in August 2014 and a $2M debt financing in May 2014. Seymour Duncker is the company's founder and CEO and the business is based in Sunnyvale, CA. iCharts is a Sunnyvale, CA-based provider of a cloud-based visual analytics platform that lets business users, enterprises and data providers create, embed and share interactive visualizations. The platform is used by customers such as The Coca-Cola Company, IDC and MarketWatch. iCharts recently released iCharts for NetSuite, enabling customized visualizations from ERP and CRM data in NetSuite alongside external sources like web analytics and social media. The company is led by founder and CEO Seymour Duncker. iCharts closed a $4.3M venture funding round and says it will use the proceeds to continue to expand operations. iCharts provides a cloud-based charting tool that enables companies and individuals to brand, market and share their data to viewers across the web. The platform has hosted tens of thousands of charts with data stories in business, health, sports and other sectors. Led by founder and CEO Seymour Duncker, the company offers embeddable, branded visualizations and distribution tools for online audiences. The article does not describe specific product roadmaps or future initiatives. Financially, iCharts received $2.0m in debt financing according to an SEC filing; the backers for that financing were not disclosed. Prior to this, the company raised $3.1m in a Series A from German angel investors Regehr Capital Management Group, Saeed Amidi and Lorenz Graef. iCharts is a cloud-based charting service that enables users and businesses to build and embed interactive charts. The company has historically focused on enterprise customers but is pushing into the consumer market while maintaining a premium paid platform. Customers and users have ranged from bloggers to analyst firms and brands such as Coca-Cola, YouGov, Focus Online, comScore and IDC. comScore and IDC have begun embedding iCharts graphics into their press releases, reflecting continued B2B traction. Last year the service recorded nearly nine million chart views, a 47.9% year-over-year increase. Financially, iCharts has raised $4.5 million to date, including a new Series A to support its consumer expansion.

  • Datameer

    Participated · Series E · Aug 2015

    Datameer began as a data-prep startup built on top of the open-source Hadoop project. In response to industry shifts, the company is pivoting away from Hadoop to modern, cloud-native architectures built on Kubernetes and Spark, and has rebuilt its Hadoop product into Datameer X. It has also developed Neebo, a new SaaS tool to let data scientists process diverse forms of data and integrate with visualization tools like Tableau and Looker; Neebo is expected to be generally available in the coming weeks. CEO Christian Rodatus says the pivot is about two-thirds complete and the product has been in the hands of customers. The company plans to hire more engineers and build a go-to-market team to support the new products. According to Crunchbase data cited in the article, the company has raised almost $140 million to date. Datameer builds big data analytics software on Hadoop for enterprise customers across finance, telecom and media. The company reports about 200 customers, with the majority in North America, roughly 20% in the EU and a small presence in Asia. Datameer has offices in San Francisco and New York, with its engineering team based in Halle (Saale), Germany. Leadership says the business has been primarily self-funded by revenue, having previously raised $36.8 million across four rounds before the latest financing. The company emphasizes strong customer support and core values and aims to expand further into Asian markets. Datameer plans to use the new capital to hire staff (growing headcount from ~160 toward 220–230) and to scale the business toward a potential IPO in a few years. Datameer builds a business intelligence platform that runs natively on Hadoop and MapReduce to provide data integration, analytics, and visualization. Its technology maps data across clusters and reduces it to enable analysis on commodity hardware using Hadoop as the data hub. Customers such as Sears use the product for credit-card fraud prevention; the company cites other use cases including predictive maintenance and determining optimal advertising prices. Datameer is benefiting from an inflection point in the Hadoop and big-data analytics market as distributions mature and enterprises build data hubs as cheaper alternatives to traditional data warehouses. The company raised $19M in a Series D, bringing total investment to $36.6M. Investors in the round include lead Next World Capital with participation from Workday, Citi Ventures, Software AG, and returning backers Kleiner Perkins Caufield & Byers and Redpoint Ventures. Datameer provides a spreadsheet-model interface for Apache Hadoop to let business users perform big-data analytics without developer help. It also sells a desktop edition that enables users to run Hadoop analytics on a single machine as a standalone tool. The company has inked deals with Dell and Fujitsu to include Datameer in their Hadoop offerings. Datameer was founded in 2009. The company says it will use new funding to expand the team to keep up with demand. Its product targets users familiar with Excel and BI dashboards who otherwise find Hadoop difficult to use. Datameer offers an analytics solution that integrates Apache Hadoop's data-mining power with a spreadsheet interface, enabling business users to run analytics on very large datasets without programming. The product is designed for users with little to no computer engineering experience. Customers include firms in security software, financial services, telecommunications, and internet research/digital insights. Datameer's leadership includes Hadoop veterans co-founder Ajay Anand (formerly Director of Product Management for Hadoop and Cloud Computing at Yahoo) and co-founder Stefan Groschupf (founder of Katta). The company will use the new capital to expand its sales, engineering, and marketing teams and to drive adoption of its analytics platform. Its reported funding position is $12 million in total capital raised.

  • Traxpay

    Led · Series B · Sep 2014

    Traxpay offers a single platform that automates B2B payment workflows and related services (financing, dynamic discounting, modeling, accounting) to reduce manual special handling between trading partners. The product targets complex B2B transactions across supply chains and aims to deliver flexibility and cost savings through automation. Traxpay has been primarily active in Europe but is using partnerships and new funding to expand globally. The company has struck a four-year strategic partnership with MasterCard to access its global payment network (150 countries, 22,000 banks) to run Traxpay’s platform across that rail system. Management plans to enter the U.S. and Asia by early next year. Traxpay reports customer numbers in the “hundreds,” is not yet profitable, and is not disclosing revenue. Traxpay is a German payments startup focused on B2B online payments with the stated ambition to become the PayPal of B2B. It offers a cloud-based platform that provides full transparency on fund transfers, stores funds in separate bank accounts for each company, and enables real-time payments with instant access for recipients. The service was developed in partnership with Accenture, SAP and NTT Docomo, supporting scalability, robust infrastructure, and integration with common accounting software. Traxpay sells to the global-3,000 and cites EOS as an example customer. The company cites a roughly $250 billion annual opportunity in online B2B payments based on 2010 Boston Consulting figures. Traxpay appointed John Bruggeman as CEO and plans to use new funding to continue building its business in Europe and begin expansion to the U.S. later this year. Competitors noted in the article include e-invoicing firms such as Taulia and credit card companies that process business payments through banks.

Team

No current team members are available.