Siemens Invests $10 million Series A Funding in Polarion Software

By careym

SiemenslogoToday Polarion is pleased to announce that Siemens Venture Capital, a wholly-owned business unit of Siemens AG, is investing $10 million USD (Series A funding) in Polarion Software.

What does this mean for Polarion? It will allow us to expand our presence across the globe.

Polarion is all about collaboration – through our Web-based technology and our initiative to help shepherd in a new convergence between ALM and PLM.

But collaboration is also a word that we value when it comes to how we view our most important partners – our customers. And that is another reason why we are so excited to start off 2014 with this investment – which will allow us to listen even closer to our customers and respond to their feedback.

By the way, Siemens is also a Polarion customer who selected Polarion Software for our industry leading Requirements Management, Quality Assurance Management, DevOps, Compliance Management and Application Lifecycle Management (ALM) solutions. 

We’re thrilled to call Siemens a customer, partner — and now an investor.

Even with this investment, everything at Polarion Software will continue to operate as usual; Polarion Software account management and customer support teams will remain the same and customers will be unaffected by this change.

Want to hear more about Siemens’ investment in Polarion Software? Have a look at our press release…

Michael Carey is CEO for Americas and Asia-Pacific

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This article first appeared on the Siemens Digital Industries Software blog at