Vistara Capital Partners (“Vistara”) is pleased to announce a growth capital investment in Blueprint Software Systems Inc. (“Blueprint”), a provider of industry-leading software solutions that accelerate and de-risk the digital transformation of large organizations. Led by its core product Storyteller™, Blueprint is focused on Agile planning for global mid-larger scale enterprise customers. The funding (terms not disclosed) will primarily be used to further accelerate the Company’s direct and channel based sales and marketing efforts.
As recognized by leading industry analysts such as Forrester and Gartner, Blueprint has become a key player in assisting software development teams to participate in the growing shift towards Agile based methodologies as part of their overall transformation strategy. This is happening most notably across a number of regulated and complex industries including financial services, healthcare and public sector. Blueprint currently serves hundreds of global customers across these and other industries, with over half of all Fortune 100 companies across the globe having chosen Blueprint to automate their most complex digital transformation challenges.
“Software really is eating the world, and Blueprint is uniquely positioned at the front of the software development toolchain, ensuring critical alignment of business and IT interests,” said Blueprint’s CEO, Dan Shimmerman. “Every day, we see our customers engaging deeply with Storyteller to address compliance, cost reduction, change management, speed and alignment across software development teams. This new funding will help us further accelerate our existing growth trajectory and we welcome Vistara Capital as another value-added financing partner.”
“With its seasoned management team, and now even stronger financial backing, we believe Blueprint is ideally positioned to capitalize on its established positioning in the burgeoning market for Agile based software development solutions” said Randy Garg, Founder & Managing Partner, at Vistara Capital Partners. “As corporations consider the importance of software to their business success, Storyteller is poised to become an integral platform of choice as evidenced by its impressive growing global customer base. We’re very excited to partner with Blueprint to assist with their continued success and expansion.”
For further details on Blueprint and client case studies, please visit blueprintsys.com
About Vistara Capital Partners
Vistara Capital Partners provides highly flexible debt and equity financing solutions to growth stage technology companies across North America. Vistara’s typical investment size ranges from $3 million to $10 million per portfolio company. Managed and funded by seasoned technology finance and operating executives, “Vistara” (sanskrit for “Expansion”) is focused on enabling the growth and expansion of companies it partners with through its funds under management. For more information, please visit vistaragrowth.com
