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June 12, 2016, London, UK: AltaReturn, a leading provider of cloud-based end-to-end financial software solutions for Private Equity, Venture Capital and the Alternative Investment industry, is delighted to announce that Amadeus Capital Partners has selected AltaReturn for the provision of business software solutions. Amadeus has selected AltaReturn’s platform to streamline its Deal Flow, CRM, Fund Accounting and Reporting.
Rob Butterworth, Head of IT commented: “After a detailed selection process we chose the AltaReturn software solution suite to gain efficiencies throughout Amadeus Capital’s front, middle and back office operations and to improve the ability of our team to extract high quality data from its systems.”
Tony Poulson, Director of Operations for Europe commented: “We are delighted to welcome Amadeus to our growing list of European clients. Over the years AltaReturn has demonstrated a strong track record in the venture capital space and Amadeus’ decision to select us, given the stiff competition we faced, is very pleasing indeed. We now look forward to a long and fruitful relationship.”
About Amadeus Capital Partners: Amadeus Capital Partners is a global technology investor. Since its inception in 1997, the firm has raised over $1bn for investment and backed more than 100 companies in the software, mobile, internet, cyber security and medical technology sectors. The investment team is based in India, South Africa, Sweden, UK and USA, has deep experience in technology and invests in high-growth companies from early stage to pre-IPO.
Major businesses built by Amadeus include CSR, a connectivity, audio, imaging and location semiconductor company, now owned by Qualcomm (NASDAQ: QCOM); Solexa, the developer of next generation genetic analysis systems, merged into Illumina (NASDAQ: ILMN) to create the world leader in gene-sequencing technology; Optos, the retinal imaging company, acquired by Nikon; ForeScout, a global enterprise security vendor; Octo Telematics, the provider of insurance telematics services acquired by Renova Group; and Tobii, the global innovator in eye tracking (STO: TOBII). For more information, please visit Amadeus Capital Partners.
About AltaReturn: A next-generation technology, AltaReturn provides a comprehensive end-to-end solution designed for the Private Equity and Alternative Investment industry. Created using Microsoft as the platform technology, AltaReturn, has developed a suite of private equity solutions covering Fund and Corporate Accounting, CRM, Business Intelligence and Investor Portal Communication. Deployed on the cloud, these solutions are available as an integrated end-to-end suite or as independently licensed applications.