ONEiO has raised €8 million in funding to enhance its automation-driven IT integration services and expand across the UK and DACH regions amid growing market demand for modernization.
Information on the Target
ONEiO is an innovative automation-first platform that is transforming enterprise IT integrations for prominent organizations, including Bayer, Volkswagen, and CGI. The company has recently secured €8 million in a growth funding round, which is primarily directed towards scaling its automated IT integration services, expanding its workforce, and entering new markets across the UK and DACH regions. This funding is crucial as enterprises strive to modernize their legacy systems amid increasing complexities and budget constraints.
ONEiO’s main offering is its IntegrationOps as a Service model, which replaces traditional project-based integrations with a continuously managed, automation-driven service. The company aims to provide organizations with a seamless and efficient way to integrate various internal and external systems while maintaining high standards of security and compliance.
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Industry Overview in the Target’s Specific Country
The enterprise integration industry is currently facing significant challenges as companies grapple with aging infrastructure and the pressure to innovate. In Germany, a survey conducted by
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Disclosed details
Transaction Size: $8M