Gimv invests EUR 4.7 million in Dutch RES Software
Gimv invests EUR 4.7 million in Dutch company RES Software company, a leading company in user workspace management. Gimv’s investment further builds on the recent developments at RES Software, which includes the appointment of a new CEO, a new product release and significant customer wins in the Netherlands, UK and France. RES Software will use the proceeds of this financing for its further international expansion, and in particular its North American operations.
RES Software (www.ressoftware.com) was founded in Den Bosch (The Netherlands) in 1999 and currently employs 100 people in 6 offices. RES Software’s product separates the user workspace from the underlying infrastructure. This enables organizations, independent from the technology, to offer the user a controlled, secured and personalized workspace. This offers organizations the ability to reduce complexity, increase productivity and lower the total cost of ownership. Thus RES Software offers a key element for Virtual Desktop Infrastructure (VDI).
Elderd Land, Partner at Gimv’s venture capital team comments on the transaction: “Desktop management is an investment area that Gimv has been tracking carefully given the size of the opportunity and the pace of change. We are truly convinced that RES Software has a unique product with a clear ROI. Moreover, the company already has a sizable customer base, which makes it a very compelling investment opportunity.”
No additional financial information on this transaction will be disclosed.