MITS Inc. Completes First-Round Financing
MITS Inc. Completes First-Round Financing
Cypress, Calif. (PRWEB) April 5, 2007
Monarch Information & Technological Services Inc. announced today that it has successfully completed its first round of financing.
MITS, Inc., a leading global provider of Enterprise Content Management (ECM) and Business Process Management (BPM) solutions, will utilize the capital funding to expand its global reach by opening additional offices — both domestically and worldwide. MITS also indicated that it would launch several new programs to develop ECM/BPM solutions for targeted vertical market segments.
“This step will accelerate our world-wide expansion plans,” said Dan Kakulawaram, founder and CEO of MITS, Inc. “Our strategy to focus on the ECM and BPM markets for the past few years has given us immense insight into the emerging market needs. With our continued IBM/FileNet partnership, we expect to raise the bar in delivering ECM and BPM solutions worldwide. Together, we look forward to dramatic growth and broader recognition of our offerings.”
About MITS, Inc.
Founded in 1996, MITS, Inc. (http://www.mitsinc.com), is a business consulting and systems integration firm that helps organizations achieve breakthrough operational performance through innovative business and technology solutions. The firm designs processes and integrates solutions that streamline operations while ensuring the highest degree of visibility and control across the organizations. MITS Inc. has offices in North America, Singapore, and India.
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