New Signature, a Washington, DC-based Microsoft National Solution Provider, received a $35m investment.
Columbia Capital made the commitment.
The company intends to use the funds for expansion of its capabilities and market coverage—with a focus on Azure, Office 365 and Dynamics CRM Online.
Led by newly announced CEO Jeff Tench* and Chairman Neil Hobbs*, as well as co-founders Christopher Hertz and David Geevaratne, who will take the posts of President and Chief Sales Officer respectively, New Signature provides midmarket and enterprise customers with Microsoft cloud solutions such as Office 365, Azure and Dynamics CRM Online for complex projects that require creativity, strategic vision and technology expertise.
The company has employees in 14 states and the District of Columbia.
*Jeff Tench is an industry veteran with more than 20 years of experience in high growth technology companies. Most recently he served as Chief Executive Officer of Teliris, and prior to Teliris was President of Business Markets Group at Level 3 Communications. Tench will lead New Signature toward its goal of becoming the premier Microsoft Partner in North America by investing further in their current markets and national expansion, broadening and deepening areas of expertise, and pursuing strategic acquisitions.
*Neil Hobbs has a 30 year career in technology and telecommunications with senior leadership positions at BT, Concert, and Level 3. He is the former CEO of Atlantix, and Teliris, and is currently the Chairman of EU Networks.
FinSMEs
23/04/2015