• Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Press Release Distribution
  • Media Releases
  • Technologies
    • Market Reports
    • Technology Events
  • About
  • Contact

3V.org, the essence of public relations

PR agency servicing startup companies and venture capital firms

ASCI Raises Strategic Investment to Accelerate Expansion of Leading Workload Automation Solution

November 15, 2019 By admin

Advanced Systems Concepts, Inc (“ASCI”) announced today that it has secured a strategic investment from Turn/River Capital, a leading technology-focused growth equity firm. The investment will be used to accelerate product development and market expansion for ASCI’s flagship product, ActiveBatch®.

ActiveBatch enables organizations to more easily and reliably develop, integrate, and manage end-to-end IT and business processes. By using a low-code/no-code approach, ActiveBatch can be quickly deployed to meet an organization’s new business demands and to coordinate and consolidate automated processes across an array of disparate applications, databases, and platforms. With ActiveBatch, organizations worldwide have simplified their IT environments, increased efficiency, and established operational peace of mind.

ASCI was founded in 1981 by Ben Rosenberg and has been a pioneer in the IT Automation space for over three decades. Continuous innovation based on feedback from customers and interactions with IT professionals at all levels have earned ASCI recognition as a leader in the IT Automation industry, year after year. Today, ActiveBatch is redefining IT Automation with an architectural, layered approach that features unsurpassed integration capabilities and simplification of increasingly complex IT environments.

“Turn/River was a natural fit for us,” said Ben Rosenberg. “Their operational experience and expertise in the areas of Sales and Marketing complemented our areas of strength in building Enterprise wide products. As our industry transitions from on-premises perpetual to SaaS offerings, this partnership and funding round will allow us to bring our SaaS offerings to market in a more timely and resourced manner while at the same time ensuring that our customers continue to maintain and optimize their existing investments in our software products. This investment will allow ASCI to grow even faster as companies continue to purchase and deploy IT/Business automation to satisfy their company’s business requirements.”

“ASCI has been a leader in the field of IT Automation for over 35 years and has seen tremendous growth driven by its best-in-class product offering and laser focus on customer success,” said Dominic Ang, Turn/River Capital’s founder and Managing Partner. “We are thrilled to provide growth capital and our expertise in sales and marketing to support the ASCI team as they further expand the functionality and reach of ActiveBatch.”

ASCI was advised by New York-based investment bank Sparring Partners Capital and legal counsel Arnold & Porter Kaye Scholer LLP. Turn/River Capital was advised on its investment by Orrick, Herrington & Sutcliffe LLP.

About Advanced Systems Concepts
Since 1981, ASCI has developed products across markets, including ActiveBatch, a recognized leader in Workload Automation. With a worldwide base of customers in more than 50 countries, Advanced Systems Concepts helps organizations respond to increasingly complex business and IT needs. For more information, please visit www.advsyscon.com.

Related

Filed Under: PR Tagged With: Workload Automation Solution

Reader Interactions

Primary Sidebar

Featured Market Research

  • Software Defined Digital Camera Market Forecast
  • Multiple Lens Digital Camera Market Scenario
  • Smart City Technologies, Market Analysis Datasets
  • Impact of Pixel Shift Technology on Digital Camera Market
  • Electric Vehicle (EV) Market Analysis: BEV Versus Fuel Cell
  • Fast Network Interface Cards (FastNICs), Market Analysis
  • Nuclear Fission Infrastructure, Market Analysis
  • Fuel Cell Powered Marine Propulsion, Market Analysis
  • CO2 to Liquid Fuel, Market Analysis
  • KV (Key Value) Storage Device Market is Here, Almost
  • The Addressable Telepresence Robotics Market Analysis
  • RISC-V and Open POWER Instruction Set Architecture (ISA) Fortunes are Rising, Market Analysis
  • Digital Camera Market Skydiving, Market Analysis
  • Smartphone As an Universal Personal Computing Platform, Market Scenario
  • Deception Cybersecurity Market Forecast
  • Machine Vision Market Undergoing Revolution
  • DevOps & Microservice Ecosystem Market Forecast
  • U.S. Federal Cybersecurity Market Forecast
  • Quantum Computing Market Forecast
  • Modernization of U.S. Federal Government IT, Market Scenario
  • Face Recognition Technology Moves to the Edge
  • Electromagnetic Railgun Market Forecast
  • Virtual Event Market Forecast
  • Digital Camera Market is Going Through Interesting Times
  • Saudi Arabia Mass Surveillance Market Forecast
  • Worldwide High Performance Computing (HPC) Market Forecast
  • U.S. Military Unmanned Aerial Vehicles (UAV) Market Forecast
  • Ultracapacitor Market Forecast
  • U.S. Federal Government Mass Media Market Forecast

Email Subscription

Enter your email address to subscribe and receive notifications of new posts by email.

Footer

Popular Posts

  • Pluang, an Indonesia-based fintech with the goal of democratizing access to financial products, Receives Over US$3M in Funding
  • Bootstrapping 2019: Domains for Startups
  • Fox Corporation to Acquire Credible Labs Inc., a Leading U.S. Consumer Finance Marketplace
  • Crypto Pioneer Elliptic Raises $23 Million To Fuel Expansion In Asia
  • The current RPA approach is broken, it’s time for a People 1st Approach

Media Channels

  • Technologies
  • Opinion
  • Editorials
  • Technology Conferences
  • ESN, event sharing network
  • Exclusive
  • Event Calendar
  • Cyber Security Market
  • Defense Market Market

Technical Support

  • Prints
  • Photo Gallery
  • Press Media Release

A Bill of Rights for Users of the Social Web | Copyright © 2018 3V.org