MAVA Member Orix Ventures Makes $10 Million Investment in RES
RES, the leader in enabling, automating and securing digital workspaces, today announced its fast-growing momentum stemming from its most successful year yet, including record revenue growth, the addition of new CEO AL Monserrat, RES ONE product launch, key leadership appointments and secured investment capital to further drive innovation and expand its global footprint.
RES enables and secures digital workspaces for today’s workers through proactive and self-service access to the apps and services they need when they need them, in a context that empowers them to be more productive, while giving IT improved control over cost and security.
Under CEO Al Monserrat, RES has quickly delivered results from its expanded leadership team focused on driving innovation, accelerating R&D, and establishing strategic alliances in the technology ecosystem to extend the value of RES for customers building out their digital workspace stack. The company’s momentum and recognition in the industry helped secure $10 million in investment capital from ORIX Ventures to further support these RES initiatives and accelerate its penetration into emerging markets.
ORIX Ventures specializes in designing highly customized financing solutions for leading-edge, growth companies. The financing mix provides RES the flexibility needed to accelerate growth. “RES is another great fit for ORIX Ventures given its market leadership position, blue chip customer base and strong management team,” said Todd McDonald, Director of ORIX Ventures. “We immediately saw the value proposition and were able to move quickly to provide additional capital for the business, which will support RES’ continued high growth.”