Camunda, a Berlin, Germany-based provider of open source workflow automation software, raised €25m in Series A financing.
Highland Europe made the investment.
The company will use the new funds to accelerate global awareness of its solutions, drive continued product development and expand its organization in the United States, Europe and Asia.
Led by Jakob Freund, co-founder and CEO, Camunda provides an integrated platform for software developers and business stakeholders, covering all phases of workflow automation: from process design and execution, to continuous process improvement.
The stack includes a toolkit for modeling and executing business processes, coupled with visual interfaces for monitoring and troubleshooting active processes and analyzing large volumes of process data.
More than 200 enterprise customers such as AXA Insurance, Intuit, T-Mobile, Universal Music Group and Zalando use Camunda’s software to automate core business processes such as eCommerce order executions, stock transactions, and insurance claim settlements.
The company has offices in San Francisco and Denver, USA.