Signavio GmbH, a Berlin, Germany-based provider of SaaS-based business process and decision management technology, received €31m in private equity funding.
The minority investment was made by Summit Partners.
The company will use the proceeds to expand its international presence and continue its growth trajectory.
Founded in 2009 by CEO Gero Decker, Signavio provides cloud-based software for businesses to design, implement and manage complex processes, decisions and workflows. With its three products, Process Editor, Decision Manager and Effektif, the company offers a collaborative process transformation platform, enabling company-wide compliance, process performance and process innovation initiatives.
Today, Signavio serves over 750 corporations, businesses, and organizations around the world in industries ranging from manufacturing to financial services.
It also has offices in Singapore and Sunnyvale.