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May 02, 2006
Spain's Polymita Hoping For Enterprise Web 2.0
VCs haven't been investing in web development software for some time, so it is interesting to see that three year old Polymita Technologies in Spain has raised €2.5M from Spanish venture firms Molins Capital Inversión and Adara Venture Partners.
Polymita sells software and platforms for business process management, portal development, and content management to the enterprise market, promising customers a high level of return on investment. It is active mainly in the Spanish market. The new capital will be used to grow internationally and for some product development, it said.
Maybe the investors are counting on the enterprise market to start renewing web sites in a big way. Since the firm sells fairly comprehensive solutions, we take it, including portal software that supports using AJAX technologies for web development, it might be positioned well if and when that growth starts to happen. It sells directly and through reseller partners.
Read - Polymita Funding Announcement
Read - Polymita AJAX Support Announcement (in Spanish)
Posted on May 2, 2006 11:57 AM | Posted to Software | Web 2.0 | Permalink
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