Arxxus Completes Series A Financing: Key Investors Participate

SYDNEY, Nov. 12, 2012 /PRNewswire/ -- Arxxus Technology Partners, a leading enterprise cloud computing products and services company, today announced its expansion plans in APAC and worldwide. Fueled by an investment by key investors, the company plans to accelerate its growth and continue to build its capabilities to provide enterprises with world-class cloud and mobility technologies.

Arxxus Technology Partners completed its Series A round of financing, with investors from Australia, India and the US participating, including salesforce.com, Syven Global Services and entrepreneur Sasha Novakovich who joined the company's Board of Directors

Terms of the deal were not disclosed.

"We are witnessing a dramatic shift in enterprise computing," says Hari Chandrashekar, co-founder and CEO, Arxxus. "For the first time, enterprise users and managers are demanding enterprise apps based on their experience as retail consumers. This is forcing companies to leverage cloud and mobile technologies as part of their technology strategy. Whether they choose to tap the cloud to optimize, innovate or even disrupt their business models, they need to start working on it now. Enterprises that effectively leverage the cloud will come out on top, and Arxxus is ideally positioned to help such companies plan and execute their cloud roadmap."

Founded in 2009 by former employees of McKinsey & Company, Goldman Sachs and Infosys – Arxxus has grown rapidly and expanded to become a cloud and mobility services and apps company. With over 300 customers including enterprises in the Fortune 100, Arxxus has extensive experience across key technologies and also maintains a high customer satisfaction score among salesforce.com partners.

"With these investments we can continue to deliver fantastic customer success. We're strengthening our top tier sales and marketing teams, and look to grow rapidly over the near term," says David Freyer, co-founder and head of Sales. "Arxxus is strategically positioned to deliver significant value to enterprise customers migrating to cloud applications and technologies."

Arxxus rapidly recognized the importance of mobile and social technologies and focuses on delivering outstanding apps in the future of enterprise cloud computing. This relentless focus has driven Arxxus to build a team that can rapidly serve the largest companies on next generation technology experiences.

"Arxxus is increasingly developing proprietary apps on a variety of platforms including Force.com and iOS," say Raghu Nallani (CTO) and Natesh Vedgiri (COO), co-founders of Arxxus. "We are building a host of intellectual property that addresses specific market gaps in select industry verticals."

Arxxus will use the funds to expand its Center of Excellence that serves its global delivery model tailored for the cloud, while strengthening product development and marketing.

About Arxxus Technology Partners

Arxxus Technology Partners delivers cloud and mobility based apps and services to enterprise customers. Headquartered in Sydney, Arxxus' customer base spans all industry verticals and includes enterprises such as BMC Software, Abbott Vascular and the National Rugby League (NRL).

Arxxus has built, customized and integrated 500+ Salesforce-based apps and solutions for over 300 customers across APAC. Arxxus brings world-class consulting and application development skills on industry-leading cloud technologies including: Salesforce.com, Force.com, Amazon AWS and Apple iOS.

For more information on Arxxus visit www.arxxus.com

Public Relations Contact:

David Freyer
Level 45, 2 Park Street, Sydney, NSW 2000
[email protected]
+61-2-9146-4335

SOURCE Arxxus Technology Partners