Cordys grabs $80 million for business process software, backed by controversial Jan Baan
Cordys, a Dutch company that specializes in selling business process management software, has raised $80M in financing in what appears to be the largest single investment in a private company in this area. It is backed by Jan Baan, a controversial entrepreneur who was forced to leave his previous company under a cloud of questionable financial practices.
The company also informed VentureBeat that it had established a San Jose headquarters.
Argonaut Private Equity led with $67 million… Continue Reading