Francisco Companions, a San Francisco, CA-, London, UK- and NYC-based funding agency that makes a speciality of partnering with know-how and technology-enabled companies, acquired Jama Software program, a Portland, OR-based necessities administration and traceability answer supplier, from shareholders together with Perception Companions and Madrona Ventures.
The deal – topic to customary closing situations – amounted to $1.2 Billion.
Led by CEO Marc Osofsky, who will personally reinvest and proceed to steer the corporate, Jama Software program supplies necessities administration software program to reduce the danger of defects, rework, price overruns, and remembers for engineering organizations in fields comparable to gas cells, electrification, house, software-defined autos, surgical robotics, and extra. Utilizing Jama Join®, engineering organizations can intelligently handle the event course of by leveraging Reside Traceability™ throughout instruments to measurably enhance outcomes. Its buyer base spans the automotive, medical gadget, life sciences, semiconductor, aerospace and protection, industrial manufacturing, client electronics, monetary companies, and insurance coverage industries.
FinSMEs
19/03/2024
