TM3 Software Raises €500K
Published On August 4, 2010 |
TM3 Software GmbH, a Regensburg, Germany-based company that has developed an innovative system for controlling and optimising in real-time all the business processes involved in merchandise management and warehousing logistics, has raised €500k in funding from High-Tech Gründerfonds and Bayern Kapital.
TM3 provides small and medium-sized trading and logistics companies with an innovative merchandise management system, which is offered in line with the Software as a Service (SaaS) model.
The SaaS model enables the user to save the costs of the otherwise common server hardware, maintenance, data security and backups.
Established in 2008, the company is a spin-off from the Institute for Management Information Systems at Regensburg University.