Product category:
3D CAD software
News Release from: CoCreate Software
Edited by the Engineeringtalk Editorial
Team on 21 June 2002
Finance secures aggressive growth plans
CoCreate Software has secured a second round of growth financing from the pre-eminent private equity firms 3i and Triton.
CoCreate Software has secured a second round of growth financing from the pre-eminent private equity firms 3i and Triton Newly appointed CEO, William M Gascoigne, sought this strategic round of funding to accelerate CoCreate's growth
This article was originally published on Engineeringtalk on 29 Jun 2001 at 8.00am (UK)
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"A weak economy is the time for productivity improvement and effective design and collaboration processes are crucial in helping fast moving manufacturing organisations meet these challenges", said Gascoigne.
"This funding lets us capitalise on the current business environment".
"We plan to rapidly develop our technology so we can continue to provide the best collaboration and design capabilities in the market", said Gascoigne.
Under the new leadership of Gascoigne CoCreate has aggressive growth plans.
"CoCreate has always had great products", said Gascoigne.
"And that has sustained the company for years.
But now we are streamlined and strategically positioned for rapid growth.
Our investors obviously agree".
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