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CA Technologies ties up with IDG Ventures

CA Technologies ties up with IDG Ventures

CA Technologies ties up with IDG Ventures

CA Technologies has announced a strategic partnership with IDG Ventures India, a leading technology venture capital fund investing in India, to help drive innovation in the enterprise software market.

IDG Ventures India is a part of IDG Ventures, a global network of technology venture funds. IDG Ventures India helps build category-leading companies from India for the Indian and global markets.

“We believe in the growth and innovation of India’s development community,” says Jacob Lamm, Executive Vice President of Strategy and Corporate Development, CA Technologies.  “With IDG Ventures India, we have a proven partner who can help us gain early visibility into the many enterprise software startups in the region that represent compelling investment opportunities.”

The investment also complements the organic growth planned for CA Technologies in its R&D and Engineering centers, along with expansion into enterprise  markets including mobility, cloud, Software-as-a-Service, big data and DevOps.

The investment provides CA with a platform to nurture new ideas and innovations outside the constraints of an existing business, while offering the flexibility to quickly ‘roll-in’ successful technology into its product portfolio. With this investment, CA Technologies also gains periodic proprietary updates on technology trends, market dynamics and the venture landscape, which will provide the company better visibility into coming trends in the enterprise software market.

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About Kalpana Singhal

Kalpana Singhal is Co-Founder & Editor in Chief at Techplus Media. She is an Innovative & challenger Entrepreneur who started her journey from corporate communication in early 2001 with I.T. Industry followed by Lead - Editorial at BeautyIndia.in in 2008 . You can follow her on twitter, Google+ and Facebook.

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