Vancouver, BC, CA & Waltham, MA, US – June 27, 2013 – Collabware is pleased to announce that it has received a significant strategic investment from Ross Ngai Investment Group. The investment provides Collabware with the capital to meet the worldwide demand generated by its product Collabware CLM, records management software for SharePoint.
Collabware has devoted three years to building a world-class solution that allows enterprises to fully leverage and extend SharePoint for electronic and physical records management while providing a superior user experience and improved compliance control. As a result of the company’s successful customer engagements, demand for the Collabware CLM product continues to grow. Increased market demand is expected to continue due to Collabware CLM’s expanded product features, unique in the Enterprise Content Management (ECM) space, and the firm’s ability to further invest in its business development organization.
Collabware CEO Graham Sibley states, “It is encouraging to have our company’s accomplishments acknowledged, and we’re thrilled with the confidence that Ross Ngai Investment Group has in our vision and future. This strategic investment enables us to fund our next phase of planned growth, which includes the continued, rapid innovation of our product, and the expansion of our business development team and partner network.”
Ross Ngai Investment Group selected Collabware for its focus on transforming the records management and ECM space. Scott Ross of Ross Ngai Investment Group said, “Our decision to invest is based on the breadth of the Microsoft SharePoint install base, the demand for enterprise records management solutions, and independent recognition by such firms as Gartner that Collabware CLM fills the gaps in SharePoint records management. We’re excited to be a part of growing Collabware and fuelling future success.”
With offices in Vancouver, BC and Waltham, MA, Collabware is proud to be the first and only vendor to offer records managers a comprehensive content lifecycle management product for Microsoft SharePoint. From content creation to record destruction, the end-to-end Collabware CLM solution offers a superior user experience, advanced records management features, and complete compliance control.
About Ross Ngai Investment Group
Ross Ngai Investment Group is a Vancouver-based investment organization that focuses on partnering with young technology companies with great ideas and great people. Ross Ngai Investment Group provides capital, operations expertise and business development support to partnering companies.