The Canadian enterprise integration company Safe Software has received a strategic growth investment from the growth-stage investor JMI Equity.
The investment, announced on Thursday, January 11, will support the continued expansion of Safe Software’s solutions offering and the company’s strong growth trajectory.
“Our new investment partners at JMI have been following our journey for well over a decade, and they love what we have created and want to help us build upon our solid 30-year foundation as we enter an exciting next chapter,” said Don Murray, Co-Founder & CEO, Safe Software.
“Dale Lutz and I have built a phenomenal company in Safe Software, and I couldn’t be prouder of our team’s achievements over the last three decades,” he added.
Safe provides solutions that empower people and enterprises to unlock the full potential of their information, including spatial data.
The company helping create a connected, informed, and innovative future, aligning with JMI’s focused strategy to invest in leading software companies with proven business models and long-term growth potential.
The privately owned Canadian company has been profitable since its inception in 1993 and is well-positioned to continue to expand client growth in the enterprise sector.
A New Beginning
Don Murray will continue to lead the business as CEO and the company will remain focused on serving clients globally. His fellow co-CEO and Co-founder, Dale Lutz, however, has stepped away from his leadership role at Safe and taking a new role focusing on his passion for FME
With this change, Don Murray will continue as Safe’s CEO and JMI Equity (JMI) has made a strategic growth investment and will be a minority shareholder.
“I want to thank Dale for an amazing 30 years! It was a blast. I also want to welcome our new partner Brian Hersman and JMI Equity,” said Murray in a post on LinkedIn.”
“With them as partners, we look forward to growing even faster. Doubling down on our restaurant model to make the whole Safe Software experience and solutions better than ever! Let's get started on the next 30!”
About Safe Software
Headquartered in Surrey, British Columbia, Safe Software is the creator of FME, the only enterprise integration platform with comprehensive support for spatial data.
The company was founded in 1993 and has been focused on bringing life to data since its inception. Whether your challenges have to do with spatial data, big data, stream processing, cloud migration, or business intelligence, Safe Software is here to help you spend more time reaping the benefits of information, and less time fighting it.
