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    Home»Deals»Camunda Raises $100 Million in Series B Funding Round led by Insight Partners
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    Camunda Raises $100 Million in Series B Funding Round led by Insight Partners

    March 23, 20211 Min Read
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    Camunda announced today that it has completed an €82 million (approximately $100 million) funding round led by global venture capital and private equity firm Insight Partners. The round also included existing investor Highland Europe.

    The investment is based on market momentum toward hyperautomation and the resulting need for cloud-native, open process automation solutions that can automate any type of process, anywhere.

    Additionally, Camunda will leverage Insight Partners’ expertise in effectively scaling companies and accelerate product development, sales, and marketing initiatives as part of its global expansion.

    Camunda is an open-source software company providing process automation with a developer-friendly approach that is standards-based, highly scalable, and collaborative for business and IT. The vendor offers visibility into business operations and improves system resilience.

    Read More

    Source: Solutions Review

    By Tess Hanna

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    Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.

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