Cast, a New York–based provider of software intelligence solutions, raised $12m in funding.
Backers included DevFactory, CM-CIC Investment, Keren Finance and the Boston Consulting Group.
The company intends to use the funds to invest in partnerships with global leaders in technology consulting and services while accelerating its recruitment of top-level talent in North America, India, Germany and China.
Founded in 1990, Cast provides CAST Highlight, a SaaS-based application portfolio analysis solution and an Application Intelligence Platform (AIP), a software intelligence platform.
Customers include Wells Fargo, J. Hancock, Bank Sabadell, Findomestic Banca, General Electric, Fiserv and Microsoft for Saint-Gobain while partners include major consulting firms like the Boston Consulting Group and McKinsey, global systems integrators like Cognizant, IBM and Accenture, and OEM partners such as MEGA International and high-energy, highly-skilled consulting firms specializing in system architecture, cloud migration and application security.
The company operates globally with offices in North America, Europe, India and China.