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Cleo Receives Strategic Growth Investment to Accelerate $5.5 Billion Ecosystem Integration Software Category

Cleo Receives Strategic Growth Investment to Accelerate $5.5 Billion Ecosystem Integration Software Category
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Cleo Communications: Cleo Receives Strategic Growth Investment to Accelerate $5.5 Billion Ecosystem Integration Software Category

Cleo Communications: Cleo Receives Strategic Growth Investment to Accelerate $5.5 Billion Ecosystem Integration Software Category
Investment validates need for enterprises to redefine their B2B integration approach amidst dynamic trade and economic shifts
Cleo Communications ( Cleo or the Company ), a global provider of ecosystem integration software solutions, has received a significant investment from an affiliate of H.I.G. Capital ( H.I.G. ), a leading global alternative investment firm with $44 billion of equity capital under management. Terms were not disclosed.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210609005913/en/
Headquartered in Rockford, Illinois, Cleo is an ecosystem integration SaaS platform company that modernizes the movement and integration of B2B enterprise data. The Cleo Integration Cloud platform provides more than 4,000 customers worldwide with strategic supply chain visibi ....

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Tray.io Doubles-Down on Growth With Expanded Operations in APAC and EMEA, New Product Advancements

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Tray.io, the leader in low-code General Automation, today announced the expansion of go-to-market (GTM) operations in EMEA and APAC with the opening of a new sales and support office in the U.K. and new regional data centers to better serve global customers. The company also released updates to the Tray Platform and Tray Embedded, including advanced capabilities for systems integrators (SI) and new connectors for Microsoft Azure Blob, Paypal, and more.
In 2020, Tray.io experienced explosive international growth in both the APAC and EMEA regions, achieving 4x customer growth; a 245% increase in revenue year over year; a 1,253% increase in data processed from APAC and EMEA customers; and 446% increase in workflows in both regions. To address this dramatic growth, the company will be expanding its GTM operations with the opening of a new European sales office located in London, led by Tray.io co- ....

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