Blueprint Secures $23 Million in Funding to Fuel Continued Hyper Growth
Blueprint, an innovator and global leader in driving IT project success through requirements management and definition, today announced that it has secured $23 million in funding, led by US-based Centana Growth Partners.
With this injection of funds, Blueprint will focus on:
- Continued expansion into new, global markets
- Increased innovation to respond to evolving market needs and interests
- Enhanced services with Customer and Partner programs
“Blueprint has developed a strong solution, assembled an experienced and passionate management team, and amassed an impressive blue-chip customer list. Their market has gone through an inflection point, driven by the need for an effective system of record for requirements to deal with the ever-increasing complexity of IT projects,” said Eric S. Byunn, Partner at Centana Growth, who will be joining Blueprint’s Board of Directors. “We are extremely excited about Blueprint’s leadership position and outlook for continued rapid growth.”
Blueprint’s solution helps enterprise organizations to de-risk and accelerate large, complex IT projects. Customers include JP Morgan Chase & Co., Costco, MetLife, Intercontinental Hotels Group, Sallie Mae and several Blue Cross Blue Shield organizations.
“Blueprint provides customers with a measurable impact, driving IT project success, accelerating delivery and aligning business and IT objectives,” said Dan Shimmerman, CEO of Blueprint. “We are excited that Centana has embraced our value proposition and their significant commitment will empower us to serve more companies around the world.”
Blueprint helps organizations to accelerate and de-risk large, complex IT projects and deliver enhanced business value. Projects using Enterprise Agile, Waterfall or hybrid methodologies all benefit from Blueprint’s best-in-class requirements definition and management capabilities. Blueprint resolves many of the time-consuming, costly, and error-prone functions that challenge IT leaders, thus ensuring that mission critical projects are completed successfully, on time and on budget. Blueprint provides seamless integration with leading ALM technologies to enhance investments organizations have made in their development tools. Headquartered in Toronto, Ontario, Blueprint has global sales, operations and partner presence. Visit http://www.blueprintsys.com
About Centana Growth Partners
Centana Growth (http://www.centanagrowth.com) is a growth equity firm that provides capital to rapidly growing companies in the financial services ecosystem, including businesses which operate in the financial services, financial technology and related enterprise technology areas, in order to accelerate or sustain their growth. Centana’s principals have decades of experience working with successful companies in these sectors, as well as a strategic network ideal for helping companies seeking to sell into the financial services ecosystem. Centana Growth Partners has offices in New York and Menlo Park.