VisionWaves™ attracts growth capital from two leading IT investment funds in the Netherlands

TIIN Capital and Main Capital invest to accelerate further growth

VisionWaves, the producer of the most innovative business cockpit called VisionWaves Delta, today announced that TIIN Capital and Main Capital will invest to accelerate further growth. TIIN and Main in return will receive a minority share in the company.

The acquired capital will be used to strengthen the market position by expansion of the VisionWaves partner network, generating global reach. VisionWaves addresses the needs of managers in large complex enterprises with a tangible view on performance and risk and the capability to define and follow up with management actions. Backed by leading analysts from Gartner and Forrester, VisionWaves provides the real means to connect strategy and execution with VisionWaves Delta. VisionWaves Delta provides Corporate Performance Management as intended, combining performance, risk, compliance and process management. VisionWaves Delta is in use by large enterprises in Europe, the US and Latin America, soon to be followed by the Middle East.

"This milestone is a demonstration to both the success and enormous potential of VisionWaves," said Alfred Godeke, CEO of VisionWaves. "Not only are significantly more multi nationals working with VisionWaves Delta, they are also using it more and more to manage the core of the business generating value in these challenging times. With TIIN and Main we will be able to grow our partner network and make a difference in the market”.

Willem van den Berg, Director of TIIN Capital adds “we feel that this is the perfect time to join this exciting development. The product is ready and valuable, the market is evident and the clear task now is to grow the company”. www.tiin.net

"VisionWaves has developed Delta as a solution that is leading in a global trend of integrating Business Intelligence (BI), Business Process Management (BPM) Governance, Risk & Compliance (GRC) and Corporate Performance Management (CPM) markets” said Charly Zwemstra, Managing Partner of Main Capital. “During various discussions with board members of multinationals we found clear evidence that VisionWaves Delta adds real value by impacting their top and bottom line". www.main.nl