Ultriva is a cloud-based manufacturing and supply chain work management software provider. It offers a suite of cloud-based applications that allows manufacturing companies to collaborate with their customers, plants, and suppliers to streamline and optimize material flows. Customers include industrial, automotive, healthcare, and aerospace organizations seeking to optimize their supply chain. Upland Software is a leader in cloud-based Enterprise Work Management applications, acquired Ultriva in their ninth acquisition in four years to broaden its Enterprise Work Management offerings by adding a suite of cloud-based supply chain work management applications.
We engaged Corum to obtain liquidity for some of our shareholders. With their assistance we were able to accomplish this objective and the preparation work helped us to eventually secure a significant investment from the venture capital community…we are happy with the outcome.