Cycloides Inc Canada closes strategic funding round led by Tangentia Ventures.
Cycloides Inc Canada today announced the closure of a Strategic Funding round led by Canada based Tangentia Ventures Limited. This partnership aims to accelerate growth for Cycloides Inc and Tangentia in the technology Consulting and R & D verticals. “What Anil and team have created in five years is really impressive,” says Vijay Thomas, CEO of Tangentia- “This partnership will create a very productive and unique eco-system where one organization complement’s the other in technology, growth, and strategy. This is a huge step for both Tangentia and Cycloides”, he added. “We are positioning to launch ourselves to other niche verticals and Tangentia Ventures would be an ideal partner for us to scale our business globally”- remarked Anil A R, Cycloides Inc. Technology Consulting and Digital Transformation are the major focuses of Cycloides Inc. They have developed state of the art solutions for enterprises across the world. Many of the Cycloides’ R&D projects are changing the way we live.
Cycloides is now one of the fastest-growing and technologically proficient Technology Consulting Companies in Canada. With their global Excellence Delivery Centres in India as its backbone, Cycloides have been able to deliver projects with unparalleled quality and reliability. With their headquarters in Toronto Canada, Cycloides has two global Delivery Centres in Thiruvananthapuram India, one of the best Technology eco-centers in the country. They also have a presence in four other technology and business hubs around the world- Vancouver, New York, Singapore and Kuala Lumpur.
Tangentia is a leading global boutique digital transformation firm with a comprehensive portfolio of solutions that can bridge the most challenging technology gaps while creating significant cost efficiencies and competitive advantage across an organization and its supply chain. Tangentia is headquartered in Toronto, Canada with additional offices in New York, USA, and Goa, India. Tangentia made the 2018 GROWTH 500 list with five-year revenue growth of 586% for the 6th year in a row. This achievement reflects the consistently high growth rate that Tangentia has been able to achieve over the almost 15 years of its existence since its inception in Toronto in 2003. Tangentia America was also on the INC 5000 list of fastest-growing companies in the USA in 2018. Tangentia business divisions include Tangentia AI which provides AI, RPA and Blockchain solutions, Tangentia B2B provides EDI, Ecommerce, Data Sync, and PIM solutions and Tangentia Consulting provides Salesforce & IBM consulting, Mobile and Application Development. Tangentia provides these solutions to multiple industries like Banking & Financial Services & Insurance(BFSI), Retail, Consumer Packaged Goods (CPG), Telecom, Healthcare and Government.