The Tech Company's Growth and Acquisition Plans
The tech company, Ocuco, has successfully raised €60m to accelerate its growth and venture into potential acquisitions. With customers spanning across 88 countries, Ocuco aims to expand its services and enhance its market presence.
Discover How a Groundbreaking Open-Source Tool Revolutionizes AI Model Comparisons, Just Like ChatGPTInvestment from Accel-KKR
The significant investment has been provided by Accel-KKR, a renowned global private equity firm specializing in technology-focused companies. With a record of investing in over 350 companies, accumulating $19bn in capital commitments, Accel-KKR is committed to supporting market-leading software companies. David Cusimano, the firm's Managing Director, emphasizes the strategic alignment behind this investment.
Far EasTone's Ingenious Strategy: Unlocking Exceptional Subscriber GrowthOcuco's Contributions to Eyecare Industry
Ocuco is a technology company that delivers innovative software solutions to eyecare manufacturers globally. With a substantial customer base across 88 countries, particularly in North America, Ocuco recognizes the increasing complexity faced by eyecare practitioners in managing and integrating online and in-store retail and clinical systems.
The Surprising Impact of Rising Costs on Upcoming Flagship PhonesOne of Ocuco's flagship products, the Acuitas 3 OmniChannel Edition, aims to alleviate these challenges by providing a seamless user and customer experience. This product equips eyecare practitioners with the tools to navigate the evolving online landscape.
Unveiling the Impact: e& Partners with Abu Dhabi to Fuel Industry 4.0 StrategyOcuco's Range of Software Offerings
Since its inception in 1993, Ocuco has established itself as a leader in omnichannel software. The company offers a diverse range of software solutions, including practice management software, laboratory management systems, and e-commerce services.
Excitement from Ocuco CEO
Leo Mac Canna, CEO and founder of Ocuco, expressed enthusiasm regarding the recent funding round. He highlighted Accel-KKR's successful track record in scaling vertical SaaS companies both in the US and globally.
Prior Funding and Expansion
This latest funding follows a previous round where Ocuco secured €40m for expanding its product portfolio and team. The Ireland Strategic Investment Fund contributed €15m, while a €25m extension of facilities was granted by Wells Fargo's technology finance division.
Global Presence
Ocuco has a widespread presence, operating in the US, Canada, Ireland, the UK, Italy, Sweden, Norway, the Netherlands, Belgium, and China. With its continuous growth and strategic investments, Ocuco aims to further solidify its position in the eyecare industry.
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