Cin7 takes external investment

30 Sep 2019 6:26 PM | Rebecca Caroe (Administrator)

Cin7, a pioneer in cloud-based inventory management software (IMS) and point-of-sale (POS) solutions, has agreed to a majority investment from Rubicon Technology Partners (“Rubicon”), a US-based private equity firm that invests exclusively in enterprise software companies. The funding will be used to accelerate Cin7’s global growth strategy through product innovation, sales expansion and continued investment in customer success.

“This investment validates all of the hard work our team has put in to building a market-leading product and delivering best-in-class support to our growing, global customer base,”

said Danny Ing, Founder and Chief Architect of Cin7.

“We are now doubling-down to reach the global growth we know is possible with a great partner that has the resources, operational expertise and cultural fit to accelerate our growth.”

“With the most comprehensive, easy to use and swift-to-implement inventory management software product on the market, Cin7 is ready to become the clear leader in the global IMS market,”

said Jason Winsten, Partner, Rubicon.

“The company has built a highly differentiated IMS solution that solves a critical and complex problem for growing merchants selling their products through multiple online and offline channels. Cin7’s proven ability to capture global market share provides a strong foundation for continued growth, which we plan to aggressively accelerate with our investment in and partnership with the Cin7 team.”

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