XTM International announces a growth equity investment from K1 Investment Management
A message from Bob Willans CEO of XTM International
I am delighted to share with you the news that XTM International has secured a Growth Equity Investment from K1 Investment Management, our first institutional investor. K1 is a leading investment firm focused exclusively on high-growth enterprise software companies.
The investment marks an important milestone for us and will have a long term positive impact. As part of this transaction, K1 will provide additional resources and expertise to enhance our product portfolio and services. We will also be able to scale our operations, and accelerate innovation. While our core values remain the same, our team at XTM will benefit and learn from being exposed to industry best practices, so we can serve you better.
Since we started in 2002 we have had a vision to automate and simplify translation processes. XTM International now aims to extend far beyond our current footprint including delivering more automation based on our unique AI and machine learning capabilities, enhanced customer experience and flexibility, and expanding the number of connectors for third party systems. In this way we will continue to help enterprises reach global markets more efficiently by creating, delivering and supporting an easy to use platform that automates and manages all aspects of the localization process. Partnering with K1, means we will continue to invest in our current solutions, offer an expanded product portfolio, and help customers achieve success in global markets.
We want to assure you that we will continue to deliver for you as always. You can expect full business continuity and the same exceptional support. We are grateful for your business and you, our customers, will remain our top priority.
Thank you for your continued support without which we would not be able to reach this important milestone.