Login
VSI, the company dedicated to maximizing the end-user experience,
announced that Wavecrest Growth Partners has successfully
completed a significant growth investment in the company. The funding
will be used to expand all aspects of the business, specifically sales,
marketing, and product innovation.
Today's
modern enterprises need a continuous understanding of the application
experience delivered to their corporate users, a need that has grown
given the increase in remote work caused by the COVID-19 pandemic.
Business-critical applications are being deployed in enterprise data
centers (on-premises) and the cloud, further increasing performance
variability and driving the need for multi-environment digital workspace
testing. Login VSI's flagship product, Login Enterprise, is an
automated testing platform that assures business continuity and
application performance while reducing risk. It tests the desktop and
business applications from pre-production to production, thereby
eliminating poor performance and downtime, increasing user productivity,
and directly saving enterprises money.
"In
today's globally-connected, cloud-enabled world, ensuring application
availability and performance has never been more challenging, or more
important," said Eric-Jan van Leeuwen, CEO of Login VSI. "This new
investment will give us the expanded resources necessary to meet the
needs of our global enterprise, government, and service provider
customers. We are very pleased to partner with Wavecrest, who will help
us to scale our go-to-market strategy and our presence in the North
American market."
Describing
the investment, Deepak Sindwani, Managing Partner at Wavecrest Growth
Partners and new Login VSI board member said, "We are focused growth
investors and see an incredible opportunity with Login VSI, as the need
for increased end-user experience testing has never been stronger. The
company has an exceptional roster of customers and partners, and we are
excited to help Login VSI's team to reach their maximum potential
through a collaborative and interactive partnership approach."
Colin
Doherty, five-time software company CEO and Growth Partner at Wavecrest
Growth Partners will also join the Login VSI board of directors as part
of the transaction.
Silverpeak LLP served as the advisor to Login VSI in the transaction.