Rostima, investment in workforce management software

Oxford Capital Partners announces an investment in Rostima.

 

Rostima Ltd is a leader in the development and supply of Enterprise Workforce Management solutions. The investment will primarily be used to accelerate Rostima’s growth in the UK and Northern Europe, and further to expand and enhance the features and functions of its broad offering of software and services.

David Mott, Senior Partner at Oxford Capital Partners said: “Rostima has a unique product and a compelling value proposition, and its highly professional approach has allowed it to secure world-class clients such as Compass Group, P&O Ports, and Securicor. The Rostima team has shown that it is capable of capturing a rapidly growing market faster than anybody else out there in the fast emerging software space for Enterprise Workforce Management”

Commenting on the funding, Kim Berknov, CEO of Rostima said: “We are very pleased that Oxford Capital Partners is partnering us in our drive for further growth in this fast growing segment for Enterprise Workforce Management solutions, and welcome David Mott to Rostima’s board of directors”

“This investment will enable us to grow our sales and marketing team and to further penetrate the retail, transport, health and services markets. It will also be used to strengthen our research and development division.”

23 December 2004

Notes to Editors

Oxford Capital Partners is a science investment banking firm with over 10 years of experience of investing and supporting high technology businesses. Based in Oxford, the company specialises in identifying exceptional early stage companies with high growth potential. Oxford Capital Partners is an active supporter of the UK’s science and technology base.

Rostima is a leader in Enterprise Workforce Management solutions. The open, flexible technologies developed by Rostima enable organisations to optimise their labour schedules by matching workload to staff resources thereby increasing operational efficiency, reducing labour costs, improving staff retention, and improving service levels.

Rostima’s flagship software, Rostima Scheduler™, has been selected by major corporates and medium sized organisations in the transport, logistics, airport services, hospitality, and retail sectors. Clients include Compass Group, P&O Ports, Securicor, ASIG, Australian Air Express and SITA.

Today, Rostima is defining the way organisations approach labour scheduling. For more information, call +44 (0)1628 581 630 or email info@rostima.com

Rostima, Rostima Scheduler, RetailPlanner, DutyManager and DutyPlanner are trademarks or registered trademarks of Rostima Ltd. All other product and company names mentioned herein may be trademarks of their respective holders.

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