3Pillar Announces $10 Million Investment for Continued Expansion
Software Product Development Firm for Mobile Environment On Steady Growth Path
Fairfax, VA, June 9, 2011 – 3Pillar, a trusted high-growth software product development company providing solutions for today’s expanding mobile environment, today announced that it has recently closed a $10 million investment led by a Dallas-based private equity fund, Nestors Financial. Following high growth and acquisitions in the past several years, the funding is targeted to scale operations, expand the global footprint and pursue opportunistic.
“This added capital ensures a depth of operations that can further accelerate our growth and respond to new global opportunities,” said David DeWolf, CEO of 3Pillar.
In the past two years, the company has acquired Leverpoint, an international software product development firm, and just last month PointAbout, a software product development company with respected expertise and leading customers in mobile product.
About 3Pillar
3Pillar is a trusted high-growth software product development company providing solutions for today’s expanding mobile environment. Today, with rampant growth in mobile-based applications, organizations can no longer afford to develop product without a deep understanding of rapid data access and portability issues that can block scalability. Offering solutions expertise in the areas of mobile, SaaS enablement and enterprise product, 3Pillar offers a unique and flexible approach for clients through its innovative Virtual Development Centers that deliver transformative levels of productivity. The company, founded in 2006, has respected and leading customers in media, healthcare, education and financial services.