Enigmatec Corporation Ltd, a leading enterprise datacenter automation vendor, has raised a further $14 million to accelerate the expansion of its international operations. The funding will also be used to establish a Center of Excellence in Scotland. The round includes participation from new investors Scottish Enterprise and Noble Venture Finance as well as current investors Amadeus Capital Partners, Pentech Ventures, Herald Ventures and Kevin Lomax.
"Enigmatec is exactly the kind of ambitious high tech company we are looking to attract to Scotland. As the market leader in their field they will attract the best and enhance Scotland's economic growth, said Neil Ross, head of investment funds, Scottish Enterprise Investments. Chairman of the Enigmatec Board, Kevin Lomax said: "Having established technological leadership, we are now gearing up our operations to take advantage of the rapidly expanding global market opportunity for datacenter automation solutions.
Peter O'Neill, CEO added "I am delighted to welcome our new investors on board. This financing allows us to scale up our sales and marketing operations and take full advantage of the exceptional engineering talent in Scotland. I look forward to working with Scottish Enterprise to support our operations there. Critically, we will now have the talent and scale to serve our customers in our key markets of North America and Europe.
Enigmatec will build on the success of its datacenter automation solutions, including Enigmatec Management System (EMS), Virtual Orchestrator (EVO) and Automated Disaster Recovery (ADR), which enable dynamic allocation of IT resources in response to minute-by-minute operational changes.
In addition to its plans to establish a Centre of Excellence in Scotland, Enigmatec has expanded its presence in the US in recent months in preparation for broadening its sales activity within the telco and financial services sectors in particular, where Enigmatec solutions have brought rapid and tangible benefits.