menu
177 Huntington Ave,
16th Floor Boston, MA 02115
+1 617 830 2100
Volition
Jun 27, 2016
Larry Cheng
Larry Cheng is a Co-Founder and Managing Partner at Volition Capital.

Prinova Receives $17 Million Investment from Volition Capital

The Investment Will Help Expand Prinova’s Award-winning Messagepoint® SaaS Platform

TORONTO —Prinova Inc., a leader in developing and delivering innovative software and services within the Customer Communications Management (CCM) market, today announced that Volition Capital, a Boston-based growth equity firm that principally invests in high-potential, founder-owned companies across different technology sectors, has invested $17 million in Prinova as part of Prinova’s global strategy to pursue higher growth markets and expanded innovation for its Messagepoint SaaS platform.

“Prinova’s Messagepoint platform is revolutionary for solving many complicated challenges that large enterprises face in managing content within their customer communications,” said Volition Capital Managing Partner Roger Hurwitz, who will be joining the Prinova Board of Directors. “We firmly believe that Prinova is poised for significant global growth and are excited to work together to get the company and Messagepoint to the next level.” Volition Vice President, Jake Colognesi, will also be joining the Prinova Board.

“We’ve experienced exceptional success and growth with our innovative Messagepoint platform,” says Nick Romano, CEO of Prinova. “We are proud to have Volition Capital on the Prinova team. This investment is a tremendous vote of confidence in Messagepoint’s ability to make it easier for business users in a variety of industries to create clear, relevant customer communications.”

Messagepoint is a powerful hybrid cloud-based content management platform serving the customer communications management needs of large enterprise customers. It provides an intuitive and secure environment for business users to directly own and control touchpoint messaging content and business rules driving the pace of change for customer-facing print and digital communications. The solution recently won the coveted 2016 CODiE Award for Best Multi-channel Publishing Platform.

About Prinova

Prinova Inc. is a leader in developing and delivering innovative software and services within the Customer Communications Management market. Messagepoint is Prinova’s SaaS solution that helps companies strengthen their customer communications by enabling business users to control the entire messaging lifecycle for all print or digital communications without burdening IT. For more information, visit www.prinova.com and www.messagepoint.com

Similar Articles
  • Volition
    Funding Announcement
    DFW Tech Firm, Securonix, Raises $12M More as it fFnds Big-Name Customers
    By Brian Womack   Securonix, which helps customers with security and data management, attracted the investment at the end of last year, according to a filing with the U.S. Securities and Exchange Commission. That follows $29 million the company said it raised with a Series A in September of 2017. At the time, Securonix said the funding would extend … Continued
    Read more
  • Volition
    Funding Announcement
    Volition Capital Closes $600M in Two Separate Funds
    Boston Business Journal: Volition Capital closes $600M in separate funds for new investments and ‘peak performers’ Full article can be found here By Lucia Maffei  – Technology Reporter, Boston Business Journal Boston-based growth equity firm Volition Capital has raised a total of $600 million to grow its current portfolio of 26 technology and consumer companies, with … Continued
    Read more