Continuous Software, a Dublin-based company, has recently secured €1 million in seed funding to support its growth and expansion plans. This funding marks the completion of the first phase of a larger €2.5 million round.
The investment was led by Performance Technologies, a publicly listed company based in Athens, along with a group of investors that includes a major System Integrator and four Saudi Arabian businessmen. The funding will be used to accelerate Continuous Software’s expansion in the EMEA region and drive further product innovation.
Continuous Software’s flagship product, aangine, is an AI-powered platform designed to help organizations align their teams, budgets, programs, and projects with strategic goals and objectives. With this new capital infusion, the company plans to increase its workforce by 40% by the end of 2025, adding technical, support, and sales roles.
In addition to expanding its team, Continuous Software also intends to strengthen its partnerships with major technology players such as OpenText, Dell, and MongoDB. These partnerships will help the company enhance its product offerings and reach a wider customer base.
Dimitrios Papantoniou, the Founder of Performance Technologies and Managing Director of Performance Technologies Cyprus, expressed his confidence in Continuous Software’s approach to strategic planning. He emphasized the value that aangine brings to businesses looking to improve their planning processes and achieve better outcomes.
Overall, this funding round represents a significant milestone for Continuous Software as it positions itself for continued growth and success in the market. The company’s innovative product offerings and strategic partnerships are key drivers of its expansion plans, and the support from investors will undoubtedly help fuel its future development.