EasyVista Raises $8.4M to Accelerate Growth in North America and Drive Mobile-First Product Innovation for the Digital Workplace
NEW YORK, August 17, 2016-- EasyVista Inc., a leading provider of service management for IT organizations, today announced that it has closed on a private-placement convertible-bond issue to qualified investors for approximately $8.4M. Raised from Europe-based Isatis Capital, Alto Invest and US-based Conversion Venture Capital, the capital will fuel product innovation and accelerate EasyVista’s traction in North America where EasyVista already generates 25% of its revenue. Innovations will focus on enhancing and extending superior core ITSM capabilities to EasyVista’s software-as-a-service (SaaS) solutions that are an integral part of the company’s mobile-first product development strategy.
Also announced today is EasyVista’s record earnings and growth in H1 2016 which continue an upward trajectory based on expansion in North America, rapid demand for SaaS solutions and growing adoption of mobile-first capabilities.
"We are excited to support Sylvain, Jamal and the EasyVista team in accelerating their US growth," said Stuyvie Comfort of Conversion Venture Capital. "With the combination of technology leadership, proven management and vision, EasyVista has a tremendous opportunity to become a market defining player."
“Our investors from Europe and the US recognize that EasyVista is the only leading ITSM provider uniquely capable of enabling the Digital Workplace that enterprises are demanding,” said Sylvain Gauthier, EasyVista CEO. “We’re poised to capitalize on the market potential with our mobile-first solutions built innately to deliver value to a highly-mobile workforce.”
EasyVista has a customer base of 1,000+ enterprises and more than 6 million SaaS end-users worldwide. The global company serves customers in all industry sectors. In H1’2016, EasyVista has won high-profile customers in higher education, health services, retail, professional services, finance, manufacturing and more.
“The expanding sales and marketing teams in North America have been an engine of growth, and our partner community has expanded in tandem contributing to our opportunities and to the success of our customers,” said Kevin Coppins, EasyVista General Manager, Americas. “We will increase investments in sales, marketing and all business development in North America so we can meet the demand from our customers to further enable a digital workplace.”
EasyVista is reinventing service management for the mobile user — making it easy to deliver and easy to use. EasyVista is a service management platform that automates and personalizes service delivery for employees and other end users — without a single line of code. The only solution on the market that is purpose-built as a mobile-first experience, EasyVista helps 1,000+ enterprises around the world radically improve the service experience, dramatically simplify and accelerate service creation and management and reduce and control the total cost of service delivery. With more than 20 years in service management, EasyVista serves companies across a variety of industries, including financial services, healthcare, higher education, technology, public sector, retail, manufacturing and more. Headquartered in Paris and New York, EasyVista is traded on the French stock exchange as ALEZV:EN. For more information, visit www.easyvista.com, and follow us at @EasyVista.
Julia Glenister, 415-459-3688
Venture Capital Database