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Proteans Software Solutions Raises First Round of Funding

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Proteans Software Solutions Raises First Round of Funding

Bangalore, Karnataka, India

Proteans Software Solutions, a Bangalore based Software Product Development Outsourcing Company, announced that it has received strategic investment from Karnataka Information Technology Venture Capital Fund (KITVEN). Founded in 2003, Proteans is a Microsoft Gold Certified Partner, and has built over 70 products working with over 30 US based customers.

Mr. Prashant Singh, COO of Proteans said, "Our expertise in Software Product Development, complete focus on Microsoft technology platform and our Unified-Agile delivery model has enabled us to consistently release software products for our customers on time. Outsourced Product Development is relatively a new concept, and a vast market in US waits to be tapped. We will continue to grow by expanding our technology expertise and offering new services. This investment will allow us to expand our infrastructure in India and accelerate our business development activities in US."

Apart from the regular software design, development and testing services, Proteans also provides specialized services like Regression Automation, Performance Testing, Internationalization and Localization to its customers. Proteans has two development centers in Bangalore, and is looking for hire 500 software professionals in the next two years.

Proteans is yet another success story of young IITians choosing the path of entrepreneurship.

About Proteans

Proteans is an outsourcing company focusing on software product development and business application development on Microsoft Technology Platform. Proteans partners with Independent Software Vendors (ISVs), Application Service Providers (ASPs), System Integrators and IT teams of businesses to develop software products. Our technology focus and significant experience in software product development - designing, building, and releasing world-class, robust and scalable software products help us to reduce time-to-market, cut costs, reduce business risk and improve overall business results for our customers.

Proteans was started in June 2003 by a group of entrepreneurs from Indian Institute of Technology with a background of product development experience at Oracle, IBM and other top companies.

Prashant Singh, Prorteans Software Solutions, +91 (080) 3293 3981 prashant@proteans.com

Source: Prorteans Software Solutions (Business Wire India)

Press release presented here is sourced from the Source mentioned above and is provided on as-is basis. Please contact the Company / Source directly for any further information in regard to this release. This website will be unable to assist you in regard to the accuracy or correctness of information in this release.

 

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