APPS
APPS
APPS
Government app builder CSDC lands $30M investment
BuildGroup Management LLC, a venture capital firm led by former Rackspace Inc. Chief Executive Lanham Napier (pictured), has invested $30 million in Toronto’s CSDC Systems Inc., a 27-year-old Mississauga, Ontario-based developer of applications for government.
The investment will fund customer growth, product expansion, support services and rapid technology deployment. CSDC has worked with more than 50 governments at the city, state and provincial level on applications that improve public access and streamline government processes.
Its flagship product is Amanda, a cloud-based case management and process automation systems for governments and regulatory agencies. It covers such functions as licensing, permits, Freedom of Information Act requests, court automation, grant management, property tax administration, asset management and education collaboration. CSDC also sells Grantium, a specialized grants management package that it acquired in 2010.
The company’s clients represent a wide variety of government functions and applications, ranging from mobile apps for licensing and inspections at the state of Ohio to software for managing the fire department in St. Paul, Minnesota.
BuildGroup will serve in a support capacity to the company with a specific focus on growth and long-term strategic direction. “We see a compelling opportunity to use modern cloud technology to radically change how governments are run, and believe that CSDC is in a position to lead this shift long term,” Napier said in a statement.
Photo courtesy of BuildGroup
A message from John Furrier, co-founder of SiliconANGLE:
Support our mission to keep content open and free by engaging with theCUBE community. Join theCUBE’s Alumni Trust Network, where technology leaders connect, share intelligence and create opportunities.
- 15M+ viewers of theCUBE videos, powering conversations across AI, cloud, cybersecurity and more
- 11.4k+ theCUBE alumni — Connect with more than 11,400 tech and business leaders shaping the future through a unique trusted-based network.
About SiliconANGLE Media
SiliconANGLE Media is a recognized leader in digital media innovation, uniting breakthrough technology, strategic insights and real-time audience engagement. As the parent company of SiliconANGLE, theCUBE Network, theCUBE Research, CUBE365, theCUBE AI and theCUBE SuperStudios — with flagship locations in Silicon Valley and the New York Stock Exchange — SiliconANGLE Media operates at the intersection of media, technology and AI.
Founded by tech visionaries John Furrier and Dave Vellante, SiliconANGLE Media has built a dynamic ecosystem of industry-leading digital media brands that reach 15+ million elite tech professionals. Our new proprietary theCUBE AI Video Cloud is breaking ground in audience interaction, leveraging theCUBEai.com neural network to help technology companies make data-driven decisions and stay at the forefront of industry conversations.
