23
Sat, Nov
1 New Articles

Arcad Software, a world leader in Application Lifecycle Management solutions, announces a 2.5M fundraising from Alto Invest

Channel News
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Created 25 years ago and present in Europe, USA and Asia, Arcad Software is among the top 3 global vendors specializing in Application Lifecycle Management (ALM) and Enterprise Modernization for IBM i (aka iSeries, AS/400) environments.

With the massive adoption of "DevOps" strategies and agile methods in companies of all sectors, ARCAD Software has taken advantage of this wave by establishing numerous strategic partnerships with the leaders in the market.  Now at the forefront of DevOps technology, ARCAD offers a global end-to-end, integrated and open solution, to orchestrate and secure the entire value stream from business strategy to end user.  ARCAD automates key phases in the DevOps cycle such as source code management, release management, regression testing and data masking.

ARCAD Software is today the only vendor to provide DevOps solutions with in-depth coverage of all UNIX, Linux, Windows, IBM i and z/OS platforms. The company was positioned in the Gartner "Magic Quadrant" for Application Release Automation in September 2017. ARCAD technology is distributed worldwide by IBM and a number of other strategic business partners.

The mission of ARCAD Software is to modernize IT heritage or legacy systems and leverage these assets through digital transformation.  ARCAD's modernization solutions and services apply both to the applications themselves and to the tools and methods use by the development teams, in order to:

  • Harmonize diverse technologies,
  • Increase team productivity,
  • Adopt current development standards (agile methods, DevOps)
  • Transition to a modern and flexible information system.

With this new fundraising, the group intends to accelerate and sustain its commercial development in Europe and international markets while continuing to invest heavily in its R & D to further consolidate its unique position in the global market.

"Of all the investors we met, Alto Invest is the only one to have paid so much attention to the human aspects of the company. This has created a major differentiating position. Their excellent track record in the field of software has also been a very strong argument for us," said Philippe Magne, founder of the Arcad group.

"We were seduced by the quality of management, the traditionally US-dominated niche market on which ARCAD has been historically based namely the modernization of the legacy IT systems, and the international position of the company from which it generates more than 60% of its turnover. ARCAD also focuses its growth on the DevOps market with high potential.  Alto Invest is delighted to support ARCAD Software in its development ", comments Olivier Tanneveau, Associate Director at Alto Invest.

"Philippe Magne is one of those very combative entrepreneurs, who has managed to become a world leader in this ALM market dominated by US players, without any external funding until today. To support this project, we needed very sophisticated investors in the software sector able to understand the model and the strategy and to support the company in the next stage of its development", comments Guillaume Anselin, Associate Director at Soreval Corporate Finance.

Participants in the operation:

  • Financial Audit: Aequifi (Nicolas Pesson)
  • Alto Invest Lawyer: Taylor Wessing (Laurence Lapeyre, Mathias Briatta)
  • Arcad Lawyer: Avanne (Virginie Heidsieck)
  • Fundraising Advisor: Soreval Corporate Finance (Guillaume Anselin)
0 0

Founded in 1992, ARCAD Software develops and markets a complete, integrated software suite dedicated to automating and ensuring the reliability and traceability of application changes in multi-platform environments. The ARCAD solutions are modular, covering software configuration and release management, data configuration management, test automation, application modernization and user relationship management. Each solution can either be adopted as part of a package or implemented separately. All solutions are integrated via a shared multi-platform metadata repository, allowing progressive adoption of best practices and regulatory constraints (e.g. ITIL, SOX, CMMi). ARCAD’s product offering has been developed over the last 20 years by the same R&D team and provides functional coverage that is unequalled in the international market. ARCAD has over 1000 licenses deployed in 34 different countries, including internationally-known clients such as IBM, HSBC, NASDAQ OMX, ABN AMRO, GE Capital, etc. Visit our site for more information: www.arcadsoftware.com.


 

BLOG COMMENTS POWERED BY DISQUS

LATEST COMMENTS

Support MC Press Online

$

Book Reviews

Resource Center

  • SB Profound WC 5536 Have you been wondering about Node.js? Our free Node.js Webinar Series takes you from total beginner to creating a fully-functional IBM i Node.js business application. You can find Part 1 here. In Part 2 of our free Node.js Webinar Series, Brian May teaches you the different tooling options available for writing code, debugging, and using Git for version control. Brian will briefly discuss the different tools available, and demonstrate his preferred setup for Node development on IBM i or any platform. Attend this webinar to learn:

  • SB Profound WP 5539More than ever, there is a demand for IT to deliver innovation. Your IBM i has been an essential part of your business operations for years. However, your organization may struggle to maintain the current system and implement new projects. The thousands of customers we've worked with and surveyed state that expectations regarding the digital footprint and vision of the company are not aligned with the current IT environment.

  • SB HelpSystems ROBOT Generic IBM announced the E1080 servers using the latest Power10 processor in September 2021. The most powerful processor from IBM to date, Power10 is designed to handle the demands of doing business in today’s high-tech atmosphere, including running cloud applications, supporting big data, and managing AI workloads. But what does Power10 mean for your data center? In this recorded webinar, IBMers Dan Sundt and Dylan Boday join IBM Power Champion Tom Huntington for a discussion on why Power10 technology is the right strategic investment if you run IBM i, AIX, or Linux. In this action-packed hour, Tom will share trends from the IBM i and AIX user communities while Dan and Dylan dive into the tech specs for key hardware, including:

  • Magic MarkTRY the one package that solves all your document design and printing challenges on all your platforms. Produce bar code labels, electronic forms, ad hoc reports, and RFID tags – without programming! MarkMagic is the only document design and print solution that combines report writing, WYSIWYG label and forms design, and conditional printing in one integrated product. Make sure your data survives when catastrophe hits. Request your trial now!  Request Now.

  • SB HelpSystems ROBOT GenericForms of ransomware has been around for over 30 years, and with more and more organizations suffering attacks each year, it continues to endure. What has made ransomware such a durable threat and what is the best way to combat it? In order to prevent ransomware, organizations must first understand how it works.

  • SB HelpSystems ROBOT GenericIT security is a top priority for businesses around the world, but most IBM i pros don’t know where to begin—and most cybersecurity experts don’t know IBM i. In this session, Robin Tatam explores the business impact of lax IBM i security, the top vulnerabilities putting IBM i at risk, and the steps you can take to protect your organization. If you’re looking to avoid unexpected downtime or corrupted data, you don’t want to miss this session.

  • SB HelpSystems ROBOT GenericCan you trust all of your users all of the time? A typical end user receives 16 malicious emails each month, but only 17 percent of these phishing campaigns are reported to IT. Once an attack is underway, most organizations won’t discover the breach until six months later. A staggering amount of damage can occur in that time. Despite these risks, 93 percent of organizations are leaving their IBM i systems vulnerable to cybercrime. In this on-demand webinar, IBM i security experts Robin Tatam and Sandi Moore will reveal:

  • FORTRA Disaster protection is vital to every business. Yet, it often consists of patched together procedures that are prone to error. From automatic backups to data encryption to media management, Robot automates the routine (yet often complex) tasks of iSeries backup and recovery, saving you time and money and making the process safer and more reliable. Automate your backups with the Robot Backup and Recovery Solution. Key features include:

  • FORTRAManaging messages on your IBM i can be more than a full-time job if you have to do it manually. Messages need a response and resources must be monitored—often over multiple systems and across platforms. How can you be sure you won’t miss important system events? Automate your message center with the Robot Message Management Solution. Key features include:

  • FORTRAThe thought of printing, distributing, and storing iSeries reports manually may reduce you to tears. Paper and labor costs associated with report generation can spiral out of control. Mountains of paper threaten to swamp your files. Robot automates report bursting, distribution, bundling, and archiving, and offers secure, selective online report viewing. Manage your reports with the Robot Report Management Solution. Key features include:

  • FORTRAFor over 30 years, Robot has been a leader in systems management for IBM i. With batch job creation and scheduling at its core, the Robot Job Scheduling Solution reduces the opportunity for human error and helps you maintain service levels, automating even the biggest, most complex runbooks. Manage your job schedule with the Robot Job Scheduling Solution. Key features include:

  • LANSA Business users want new applications now. Market and regulatory pressures require faster application updates and delivery into production. Your IBM i developers may be approaching retirement, and you see no sure way to fill their positions with experienced developers. In addition, you may be caught between maintaining your existing applications and the uncertainty of moving to something new.

  • LANSAWhen it comes to creating your business applications, there are hundreds of coding platforms and programming languages to choose from. These options range from very complex traditional programming languages to Low-Code platforms where sometimes no traditional coding experience is needed. Download our whitepaper, The Power of Writing Code in a Low-Code Solution, and:

  • LANSASupply Chain is becoming increasingly complex and unpredictable. From raw materials for manufacturing to food supply chains, the journey from source to production to delivery to consumers is marred with inefficiencies, manual processes, shortages, recalls, counterfeits, and scandals. In this webinar, we discuss how:

  • The MC Resource Centers bring you the widest selection of white papers, trial software, and on-demand webcasts for you to choose from. >> Review the list of White Papers, Trial Software or On-Demand Webcast at the MC Press Resource Center. >> Add the items to yru Cart and complet he checkout process and submit

  • Profound Logic Have you been wondering about Node.js? Our free Node.js Webinar Series takes you from total beginner to creating a fully-functional IBM i Node.js business application.

  • SB Profound WC 5536Join us for this hour-long webcast that will explore:

  • Fortra IT managers hoping to find new IBM i talent are discovering that the pool of experienced RPG programmers and operators or administrators with intimate knowledge of the operating system and the applications that run on it is small. This begs the question: How will you manage the platform that supports such a big part of your business? This guide offers strategies and software suggestions to help you plan IT staffing and resources and smooth the transition after your AS/400 talent retires. Read on to learn: