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Article: Streamserve Eyes ERP Deals With $8m Cash Boost.
- Article from:
- Computergram International
- Article date:
- June 15, 1999
CopyrightCOPYRIGHT 1999 Datamonitor. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Stockholm, Sweden-based output management software company Streamserve today announced an $8m cash injection underpinning ambitious global expansion plans. The financing from London-based venture capitalist, Apax Partners ($6m) and a smaller consortium of private investors is aimed at helping the firm tap the lucrative emerging output management software market.
Output management is a front-end application which formats data from enterprise resource planning systems for fax, internet, email and paper, and manages its distribution to customers and trading partners. The output management software market is worth up to $20bn a year, accounting for 7% to 8% of the ...