Austria, SolveDirect Service Management Receives Investment from 3TS Cisco Growth Fund

SolveDirect Service Management GmbH, a Vienna, Austria-based provider of an IT service management platform, has received an equity investment from 3TS Cisco Growth Fund.
As a result of the transaction, BRAIN FORCE HOLDING AG will remain the majority shareholder of SolveDirect, which was spun off from BRAIN FORCE Software GmbH Austria at the beginning of December.
The company, which provides Software as a Service (SaaS)-based service management solutions supporting businesses in their large B2B integration projects, intends to set up a subsidiary in Silicon Valley in order to support its global expansion. 
The headquarters for serving European and internationally active customers will remain in Vienna.

Join the discussion