New Solution Intelligently Unifies Information Silos and Business Systems with Patent-Pending Technology that will Disrupt ECM and EIM Landscape

Thursday 17th March 2016 - M-Files Corporation, a provider of solutions that leverage a unique new metadata-based approach to dramatically improve how businesses manage documents and other information, today announced a $36 million round of Series B funding led by Partech Ventures, with participation from Finnish Industry Investment and Draper Esprit.

M-Files continues to experience explosive worldwide growth resulting in a six-year compound growth rate of nearly 1,000 percent. The new investment will further accelerate existing sales and marketing activities, as well as expansion into new markets in North America, EMEA and APAC. The company will also focus on expanding and strengthening its global partner network, which currently consists of over 450 partners operating in more than 100 countries.