Avantra, a London, UK-based provider of software solutions for monitoring and automating SAP operations, received an investment from Resurgens Technology Partners.
The amount of the deal was not disclosed.
The company intends to use the funds to accelerate its growth, with RTP providing the resources and expertise needed to scale operations and further develop its AIOps platform for SAP.
Led by CEO John Appleby, Avantra is a provider of an AIOps platform for SAP operations enabling automation while transforming operations from reactive to proactive. Its solution operates through features like real-time observability, strategic workflow automation, and self-healing capabilities to enable businesses to optimize their IT infrastructure and drive productivity. It aims to delivers time savings across the business, helps avoid human error, and assure quality with out of the box practice. The intelligence and insight that the company provides gives IT operations teams freedom from monotonous and repetitive tasks, allowing them to lead larger business value projects.
Commenting on the news, John Appleby said: “We believe this collaboration will provide us with significant expertise in enterprise software alongside deep operational resources which will play a critical role in fueling Avantra’s next phase of expansion.”
FinSMEs
02/10/2024