Jcom1 AG, a Rohrbach,Germany-based provider of software for subject-oriented business process management (S-BPM), a further development of existing BPM technology, has received an undisclosed strategic investment from T-Venture, the venture capital subsidiary of Deutsche Telekom.
T-venture joins existing investors Bayerische Beteiligungsgesellschaft (BayBG) and KfW Bankengruppe.
The capital infusion will allow Jcom1 to expand internationally in Europe as well as in America and Asia.
Commenting on the investment, Jcom1’s chairman Herbert Kindermann, was quoted as saying: “T-Venture is one of the most important corporate venture capital firms in the world.
“Our new investor’s focus regions include Europe, the USA, and Asia. This is an excellent fit with our own international orientation”.
T-Venture will also act as a long-term partner, making available to the company sales, R&D, and marketing networks of Deutsche Telekom.