IMMEDIATE RELEASE
This expansion will support further growth of Appen's language technology services into new markets, segments and products. Appen is a global supplier to the intelligence, technology, call centre and automotive industries for applications that process text, speech and language.
Appen Director Chris Vonwiller welcomed the new investment. "We are pleased to welcome Anacacia Capital onto the share register alongside us. Anacacia will strengthen our non-executive Board as we position the business for further growth. We are already enjoying working with them on our strategic growth plans."
Jeremy A Samuel, Managing Director of Anacacia Capital, said "We are delighted to invest alongside the Appen team and support a great success story with their expansion."
Advisors included Deloitte, Ernst & Young, Thomson Playford Cutler, Deacons and Marsh.
Appen continuing to translate opportunity to success
Last year's Prime Minister's Australian Exporter of the Year winner, Appen has continued its expansion. Leading Australian private equity fund Anacacia Capital has joined the investor base alongside the current directors.This expansion will support further growth of Appen's language technology services into new markets, segments and products. Appen is a global supplier to the intelligence, technology, call centre and automotive industries for applications that process text, speech and language.
Appen Director Chris Vonwiller welcomed the new investment. "We are pleased to welcome Anacacia Capital onto the share register alongside us. Anacacia will strengthen our non-executive Board as we position the business for further growth. We are already enjoying working with them on our strategic growth plans."
Jeremy A Samuel, Managing Director of Anacacia Capital, said "We are delighted to invest alongside the Appen team and support a great success story with their expansion."
Advisors included Deloitte, Ernst & Young, Thomson Playford Cutler, Deacons and Marsh.