EasyVista Inc., a leading provider of service management for IT organizations, today announced that it has closed on a private-placement convertible-bond issue to qualified investors for approximately $8.4M. Raised from Europe-based Isatis Capital, Alto Invest and US-based Conversion Venture Capital, the capital will fuel product innovation and accelerate EasyVista's traction in North America where EasyVista already generates 25% of its revenue. Innovations will focus on enhancing and extending superior core ITSM capabilities to EasyVista's software-as-a-service (SaaS) solutions that are an integral part of the company's mobile-first product development strategy.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 08/17/16 | $8,400,000 | Convertible Debt |
Alto Invest Conversion Venture Capital Isatis Capital | undisclosed |
