Asignet grabs funding from Abry

Abry Partners has closed its investment in Asignet, a provider of a lifecycle expense management platform.

Abry Partners has closed its investment in Asignet, a provider of a lifecycle expense management platform. No financial terms were disclosed.

PARSIPPANY, N.J. (PRWEB) FEBRUARY 27, 2020

Asignet, the technology and automation leader of global Telecom, Mobile, Cloud & IT Asset Management Lifecycle Expense Management, announced today that it had completed significant investment with Abry Partners (“Abry”), a leading Boston-based private equity firm. The investment will allow the company to significantly accelerate its growth strategy, including the upcoming launch of a new platform, “Robot4IT”.

“This exciting news means Asignet can execute on our vision to deliver on its patented RPA Robot process automation lifecycle expense management platform and managed service offering that will change the way Telecom, mobile, cloud, and IT services are managed and consumed” said Claudio Lopez Silva, CEO of Asignet.
Asignet will continue to provide best-in-class technology and innovation, as well as outstanding growth opportunities for its highly talented employees. We will leverage our additional resources to accelerate significant investments in product development and customer service innovation, including exciting growth areas such as ITAM, SaaS, Cloud, and ITSM solutions.