September 12th, 2017, Boston, MA – Imaginatik, the innovation company, is pleased to announce the signing of five new customers, raising to 13 the tally of new clients signed in 2017. This latest raft of new customers takes the current list to over 50 blue-chip customers that currently license our innovation technology and related consulting services. The new customers include a major US airline, a large US mutual insurance company, a global investment bank, and a well-known US credit agency.
We are also delighted to announce that in July 2017 the Company successfully secured a further round of equity funding of approximately $2.0M from a mixture of new and existing shareholders. This funding will allow the Company to continue to invest in further sales and consulting personnel, as well as continued investment in the Innovation Central platform, the leading end-to-end innovation management suite named by Forrester Research as “the most comprehensive innovation management solution.”
“These new clients offer further validation of our best-in-class innovation solutions focused on capturing new sources of value in new ways,” commented Ralph Welborn, Imaginatik’s CEO. “Combined with the additional working capital, we’re better equipped than ever to continue leading our marketplace into the future.”
Imaginatik provides a range of innovation solutions comprised of consultancy, enterprise software, and program management to deliver innovation results to companies such as ExxonMobil, Altria, Shell, Goodyear, the Yorkshire Building Society, Caterpillar, Novartis, and Cargill. Few companies possess the internal capability to consistently generate fresh ideas, identify those worth pursuing, and reliably transform them into real, value-enhancing assets. Imaginatik’s mission is to help these companies build sustainable innovation competencies. In 2016 Forrester Research found that “Imaginatik has the most comprehensive innovation management solution,” providing excellent industry recognition of Imaginatik’s full-service innovation offering, combining both technology and consultancy services.
Imaginatik is a public company whose shares are traded on the AIM market of the London Stock Exchange (LSE: IMTK.L) with offices in Boston, MA and Fareham, UK. For more information, visit www.imaginatik.com.
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