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Arius Software Corporation
Achieves $1.5 Million Investment Funding
WATERLOO, ONTARIO, January 22, 2001-Arius Software Corporation, a privately-owned web application consulting business, today announced that it has received $1.5 million dollars in its initial round of funding. Arius Software will use the funds to grow their professional services organization specializing in web application development for the enterprise and to build partnerships with key service organizations. Arius Software can leverage technology developed in-house to speed and automate e-commerce development as part of their consulting offerings
“This is the next logical step for our business and we are pleased with the endorsement we’ve received through this early financial support from our investors,” stated Adam Zimmer, CEO and President . “We selected seasoned experts in the technology and investment community as our investors and advisors to ensure that we have the right strategy to grow our business.”
Arius Software has developed solutions for a variety of clients in the financial services industry, security industry and educational market throughout North America, from Silicon Valley to local companies in Waterloo. Their implementation expertise includes web banking, e-procurement, and end-to-end web presence solutions.
"Arius Software worked with our internal IT department to create a financial database system. This system made it possible for our brokers, in-house staff, and external clients to work together seamlessly. By giving us fast and easy access to immediate financial data and client information from the desktop or a web-based interface, we were able to put the customer first.” said David Taylor, CEO, Pacific & Western Trust. “Arius' staff listened carefully to our specific needs and delivered an affordable solution on schedule. They were professional, a pleasure to work with, and I'd recommend them to any company looking for data-centric web solutions.”
Arius Software was founded in early 1999 by Adam Zimmer (Computer Engineering) and Mike Neame (Computer Science) during their coop work terms at the University of Waterloo, world-renowned for its computer science and engineering programs. Their successful business venture has captured the attention of the technology and investment community who are backing the business to enable future growth. The founders have extensive experience in software development and design of web application systems. During their consulting engagements, they recognized a need to automate the web-application development process and designed a toolkit called ConnectedDB to address this need. ConnectedDB enables developers to rapidly generate graphical user interfaces for a variety of platforms and connect those interfaces to either current existing or legacy databases. It can generate an interface for the web, a full desktop application, or even a cellphone, without writing a single new line of code.
Arius Software Corporation provides enterprise-class software solutions that fuel e-Business and enables companies to access information anytime, anyplace. Arius Software specializes in web application design and development, web-enabling existing systems in an organization and creating new ones. For more information, visit the Arius web site: www.arius.org.
All company and product names may be trademarks of the respective companies with which they are associated.
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