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ICON advises on investment for SaaS software provider, Element8

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Deal Release:

Element8 has developed a unique Enterprise Transformation software platform which provides a rich, flexible environment enabling businesses to implement and manage transformation projects

25 May 2011

ICON has advised on a further round of investment for SaaS software provider, Element8.

Element8 has developed a unique Enterprise Transformation software platform called xpoint™, which provides a rich, flexible Web 2.0 environment enabling businesses to implement and manage transformation projects in a structured and collaborative manner.

xpoint™ has been developed on Microsoft's SharePoint® platform, which enables corporations to plan and manage all types of change or transformation initiatives, including Innovation, Six Sigma, Cost Reduction, Continuous Improvement. Each type of change process has its own Lifecycle with supporting tools. Microsoft has described xpoint™ as “a lighthouse exemplar of a SharePoint® business application.”

Element8 has offices in the UK, Bangalore and Boston.

The Deal: