PRTODAY / NewswireToday Free press release distribution service network

More news: Software
Written by / Agency / Source: Polarion Software

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Polarion Secures $10 Million in Series A Funding from Siemens Venture Capital - Siemens via its Venture Capital unit (SFS VC), has made a strategic corporate investment of $10 million (series A funding) in Polarion Software - Siemens.com / Polarion.com
Polarion Secures $10 Million in Series A Funding from Siemens Venture Capital

 

NewswireToday - /newswire/ - San Francisco, CA, United States, 2014/03/06 - Siemens via its Venture Capital unit (SFS VC), has made a strategic corporate investment of $10 million (series A funding) in Polarion Software - Siemens.com / Polarion.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The investment will allow Polarion to expand its product development initiatives and better support its rapidly growing community of worldwide users.

This investment marks the first outside funding that Polarion has received. Polarion is the creator of the world’s fastest enterprise scale browser-based ALM solution. Using the latest technology and unified by design, Polarion ALM solutions provide traceability and transparency, supporting all essential software and product development process activities in one easy to use solution.

According to a recent report by Ovum, Polarion drives ALM with a workflow engine that underpins the whole lifecycle on one platform. The company’s technology stands out as a truly integrated ALM solution.

“We are pleased to welcome Siemens Venture Capital into the Polarion family,” said Frank Schroeder, CEO of Polarion Software. “Siemens investment in Polarion underscores the need for enterprises in industries like automotive, medical devices, electronic engineering, telecoms, manufacturing and aerospace, to gain a 360 degree view of a project’s history, current trends and potential challenges. Marking Siemens’ first foray into Application Lifecycle Management (ALM), this milestone investment will help Polarion bring its highly sought-after platform to an even greater share of the market.”

Ralf Schnell, CEO of SFS VC, said”,“We took our time to thoroughly investigate the ALM market; and in every analysis, Polarion showed-up as the number one provider in its category. With its agile and scalable technology, Polarion is well-positioned to take advantage of increasing market demand for collaborative, web-based ALM solutions. We look forward to working with Polarion Software to accelerate penetration of the company’s technology across large, distributed teams and enterprises worldwide.”

About Polarion Software

Polarion Software’s (polarion.com) success is best described by the hundreds of Global 1000 companies and over one million users who rely daily on Polarion’s Requirements Management, Quality Assurance, and Application Lifecycle Management (ALM) solutions. Polarion is a thriving international company with offices across Europe and North America, and a wide ecosystem of partners world-wide.

About The Venture Capital Unit of SFS (SFS VC)

The Venture Capital unit of SFS (siemens.com) and corporate venture capital organization of Siemens invests in early stage technology companies and established technology growth companies, focusing on the energy, healthcare, industry, and infrastructure & cities markets and hence plays a key role in Siemens’ global innovation network. The aim is to identify innovative solutions from which Siemens and its customers can profit and to strengthen business partnerships with innovative industry players. To date, the company has invested in more than 180 start-up companies.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Polarion Software

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
Software Warnings - IMPORTANT:
Always be aware/cautious about what you download on your computer/mobile! PURCHASE SOFTWARE related keywords / Banner Ads. Click HERE for details!
.

 
  Your Banner Ad showing on ALL
Software articles,
CATCH Visitors via Your Competitors Announcements!


Polarion Secures $10 Million in Series A Funding from Siemens Venture Capital

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Polarion Software | Siemens Venture Capital
Publisher Contact: Andrea Corry - TopMind PR for Polarion Software 
925-640-5482 andrea[.]topmindpr.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Polarion Software securities in any jurisdiction including any other companies listed or named in this release.

Software via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Polarion Software / Company Profile


Read Software Most Recent Related Newswires:

MyoKardia Reduces VM Backup Budget by 50% with NAKIVO
Infor Achieves FedRAMP Ready Status
The Weather Company, an IBM Business, to Integrate Global Flight Tracking Data from FlightAware
ROLI Harmonizes its Global Business with NetSuite OneWorld
Independent Research Firm Recognizes Hexaware as A Strong Performer in Continuous Testing Providers’ Evaluation
Airbus Selects OneLogin
Higher Education Institutions Select Oracle EPM Cloud to Drive Student Success
Splunk Introduces Splunk Insights for AWS Cloud Monitoring
HSBC and IBM Develop Cognitive Intelligence Solution to Digitise Global Trade
New Absolute 7 Platform Extends Endpoint Visibility and Control, Enabling Enterprises to See, Manage and Secure Every Endpoint, Everywhere
Sony and Sony Global Education Develop a New System to Manage Students' Learning Data, Built on IBM Blockchain
Oracle Empowers Organizations to Meet Accelerating Market Changes with Major Innovations to Supply Chain Management Cloud
State of Louisiana Saves Millions by Modernizing IT with Splunk
Center for Life Management Enhances Patient and Staff Experience with OpenText
KBank and IBM Develop Blockchain-Based Letter of Guarantee Service

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Intrinsic Executive Search Ltd

Visit  NAKIVO, Inc.





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)