Solace Systems, an Ottawa, Canada-based provider of infrastructure messaging technology, received a majority investment from Bridge Growth Partners, LLC.
The amount of the deal was not disclosed. In conjunction with the deal, Tom Manley and Alok Singh, co-founder and Managing Principal of Bridge Growth Partners, will both join Solace Systems’ Board of Directors.
Led by Craig Betts, Founder, President and Chief Executive Officer, Solace Systems provides products that enable enterprises to leverage cloud computing, Big Data, the Internet of Things, and mobile computing within their corporate technology infrastructure, including a message router appliance for their core data sharing needs, and a software virtual message router for deployment in the cloud or remote locations.
The products are currently deployed in many global organizations across a wide range of industries, including financial services, telecommunications and manufacturing. Customers and commercial partners include Barclays, RBC, London Stock Exchange, Bharti Airtel, SAP, Tata, and Bet365, among others.