Intalio, business process management co., raises cash
Intalio, a Palo Alto, Calif., open source “business process management systems” company, said it has raised an undisclosed amount of funding.
From a statement:
“Intalio went from 12 customers to over 200 in the past 18 months,” said Ismael Ghalimi, co-founder and
CEO at Intalio. “On a daily basis, over 50 new organizations start using Intalio for BPM projects, and this trend should only accelerate when we release Intalio 5.0 later this month. Partech’s investment comes at a perfect time for us to capture the fantastic opportunity that standards-based BPM, also referred to as BPM 2.0, is becoming today.”
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