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Magnitude has been acquired by Audax Group

Transaction Announcement

September 24, 2014. Austin, TX. Magnitude Software, a leading provider of Enterprise Information Management (EIM) software, today announced it has secured up to $100 million in capital investment led by Audax Group.

Every company is under increasing pressure to manage and govern information across the enterprise, and to deliver this information faster and more consistently than ever before. This investment, coupled with our laser focus on customer success, presents us with an incredible opportunity to deliver unprecedented product and services innovation to customers in every industry in this high-growth EIM market.

Chris Ney, CEO, Magnitude Software

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