Appway, a Swiss based global provider of business process automation software today announced a $37 million minority investment from global growth equity firm Summit Partners.

This partnership represents Appway’s first external capital raise and will help the company to further expand its product portfolio and accelerate international growth while maintaining the entrepreneurial spirit that has driven the company’s continuous advancement since 2003.

Headquartered in Switzerland with eight offices around the globe, Appway provides software designed to support the digital transformation of customer-focused organizations across the financial services industry.

Appway will use this new funding to support expansion initiatives in core markets around the world, including Europe, the APAC region and focusing on North

America. Additionally, Appway will continue to invest in its software, leveraging cloud economics and flexibility to support real-time innovation for its customers and partners.

“Since its very first day, the Appway team has been driven by our mission to connect people, systems and data to automate workflows across teams and touchpoints,”

said Hans Peter Wolf, Appway’s founder and CEO.

“We believe the company has delivered impressive, consistent capital efficient growth, and we are thrilled to partner with Hans Peter Wolf, his co-founder Oliver Brupbacher and the entire Appway team.”