Coresystems Raises 10 Million Swiss Francs in Second Round of Funding

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10.09.2014

Today, coresystems, a provider of cloud-based mobile field and customer service apps and software, is announc­ing that in its second round of funding it has raised 10 million Swiss Francs of funding from Swiss venture capital firm Investnet AG.

Coresystems will use the funding to strengthen its global market presence, in particular the United States and South America, where they have seen a strong demand for its cloud-based field service solutions and apps. Customers cite the ease of data integration, the speed of implementation, and the responsiveness of the company when choosing coresystems’ solutions.

“In today’s hyper-competitive business environment, companies know that they need to deliver faultless field and customer service. The investment is a strong endorsement of the field and customer service software space and we are delighted to be putting more re­sources into our two fastest-growing regions,” said Philipp Emmenegger, coresystems CEO.

Coresytems is also announcing that it has appointed software industry veteran Tony Solano as the new General Manager / Senior Vice President Americas Sales. Solano has over two decades experience in software sales, and is charged with expanding coresystems’ market share in the Americas.

“Mobile apps and software is rapidly transforming the field service industry for the better and we see a real de­sire by companies to increase their efficiency to help satisfy their own customers and drive revenue. coresystems is on the cusp of a revolution in field and customer service and its strong growth in the Americas is testament to this,” said Andreas Etter, Investnet AG.

On this occasion, three new independent members have joined coresystems’ board of directors: Adrian Bult, Stan Novakovic and Andreas Etter.

Launched in 2006, coresystems provides mobile cloud solutions for small, medium, and large enterprises to let them better serve their customers. Customers span a range of industries and sizes. They include global power generation equipment supplier Alstom, international automated storage supplier Kardex Remstar, construction crane specialists Wolffkran, and Johnson & Johnson’s healthcare solutions provider DePuy Synthes. Smaller com­panies include family-owned timber and joinery business Kalt AG, green mobility provider m-way, and medical products provider Fleming Medical.

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