SOURCE: Enablon

Enablon

June 21, 2011 14:23 ET

Sustainability Software Leader Enablon Fuels Rapid Growth With $15M Investment From the Environmental Technologies Fund

Enablon to Extend Leadership With R&D Initiatives and Global Expansion to Meet Increasing Demand

PARIS and CHICAGO, IL--(Marketwire - Jun 21, 2011) - Enablon, the world's leading provider of sustainability management software, today announced that it has received a $15 million investment from the Environmental Technologies Fund. The financing will support the company's further expansion in Europe, North America and Asia along with increased product research and development.

Enablon's mission is to provide software solutions that make organizations sustainable. The company provides the industry's most comprehensive suite of software, content and technology that enables end-to-end management of sustainability performance. Enablon solutions are used by more than 250 global companies and 200,000 users across all industries.

"From day one, Enablon's mission has been to enable the Sustainable Company. That commitment has fueled our growth over the last decade," says Dan Vogel, CEO of Enablon. "The Environmental Technologies Fund's investment will help us accelerate the pace of our global expansion, drive forward the advancement of our products and underlying technology, support new cloud-computing initiatives, and maintain excellence in customer service and support."

Global companies use Enablon to improve the reporting and management of their environmental, health & safety performance, reduce their energy and carbon footprint, better manage risks, reduce costs and streamline business processes.

"With Enablon, we are able to dive down, gather and manage information we need from throughout our organization, very quickly, very graphically, in a way that leadership can easily understand. This is the value of having a sustainability performance management tool this sophisticated. It helps with decision making, it helps with communication, it helps prioritize," states Michael Nicholus, Accenture's Global Environment Director.

"Global companies recognize that achieving the highest standards of sustainability is essential to both their bottom-line and long term growth prospects and Enablon has rapidly expanded worldwide to offer the best software solutions in this high growth market. At the Environmental Technologies Fund, we support great growth companies that are making a big environmental impact, and Enablon is doing just that," said Rob Genieser, Partner of the Environmental Technologies Fund.

Enablon was founded in 2000 in Paris by co-founders Dan Vogel, Marc Vogel and Philippe Tesler, and initially focused on helping companies report on the non-financial aspects of business operations. With its integrated approach to sustainability, customer-centric product development and advanced technology, Enablon rapidly expanded worldwide to become the leader in the sustainability software market.

About Enablon
Enablon is the world's leading provider of Sustainability and QEHS software solutions, used by more than 250 global companies and 200,000 users worldwide. Enablon offers the industry's most comprehensive software suite for sustainability performance management. Global companies are using Enablon solutions worldwide to improve the reporting and management of their environmental, health & safety performance, reduce their footprint, better manage their risks, reduce costs and streamline business processes. Enablon global headquarters are located in Paris, France with North American headquarters in Chicago and offices in Houston, London, Madrid and Montreal. Through its partnership network, Enablon operates in more than 130 countries.

To learn more about Enablon and its solutions, please visit www.enablon.com.

About Environmental Technologies Fund
Environmental Technologies Fund is a leading growth capital investment fund investing in some of the most exciting Cleantech companies in Europe. Environmental Technologies Fund supports fantastic growth companies whose products and services deliver a significant environmental and economic benefit. The team is backed by leading institutional investors and has a great deal of experience gathered over decades of working in growth capital and with environmental companies. Environmental Technologies Fund is supported by the European Communities Growth and Employment Initiative.

For further information see www.etf.eu.com.

Contact Information

  • Press Contact:
    Traci Massaro
    TAM Public Relations
    Email Contact
    Tel: +1 617-877-1293

    Stephanie Leblanc
    Enablon Corporate Communications
    Email Contact
    Tel: +33 1 47 33 64 65

    Fabrice Bienfait
    Environmental Technologies Fund
    Email Contact
    Tel : +44 (0)20 7318 0700