ASCI Raises Strategic Investment to Accelerate Expansion of Leading Workload Automation Solution, ActiveBatch®

Release date: 11/14/2019

MORRISTOWN, N.J.--(BUSINESS WIRE)--Advanced Systems Concepts, Inc ("ASCI") announced today that it has secured a strategic investment from Turn/River Capital, a leading technology-focused growth equity firm. The investment will be used to accelerate product development and market expansion for ASCI's flagship product, ActiveBatch.

About Advanced Systems Concepts

Since 1981, ASCI has developed products across markets, including ActiveBatch, a recognized leader in Workload Automation. With a worldwide base of customers in more than 50 countries, Advanced Systems Concepts helps organizations respond to increasingly complex business and IT needs.

About Turn/River Capital

Turn/River specializes in growth capital investments, founder liquidity, buyouts, spin-outs, and recapitalizations of technology, web, and SaaS companies. Its strategy is to combine rigorous, iterative marketing, sales, and operational execution with flexible capital to help companies double and triple their growth and build value for everyone. Turn/River Capital is headquartered in San Francisco.


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