Q4bis produces the Q4bis BI Suite, a tightly integrated set of decision support solutions designed to facilitate the timely delivery of business insight. Q4bis’ solutions enable any corporation to leverage its existing ERP and database systems to deliver rapidly-deployed and easy-to-use actionable business information.
With more than 200 customers ranging from companies with annual revenues of $50 million to the Global 1000, Q4bis has earned the reputation for the rapid, successful deployment of its solutions in any functional arena. The Q4bis product suite offers a mature application that has been well-received in the marketplace earning accolades including “Best Software Award” at Gartner’s prestigious Mid-Size Enterprise Summit in 2005 and 2006.
Herbert Schoenek, CEO of Q4bis, said, "The financial resources we are acquiring from our partnership with TVC Capital, LLC will enable us to continue our global growth in the expanding business intelligence markets in the Americas, Europe and Asia Pacific."
With this funding round, Steve Hamerslag and Jeb Spencer, general partners of TVC Capital, LLC, join the board of Q4bis. "The adoption of quick-to-deploy business intelligence capabilities is accelerating rapidly and Q4bis is ideally positioned to capitalize on the current momentum in mid-market adoption of BI solutions," stated Steve Hamerslag. "Q4bis has a proven track-record with award-winning products, a strong partner channel, and broad adoption in the midsize market."
Q4bis US was founded in 2003 and currently maintains its headquarters in Irvine, Calif., with subsidiary companies in New Zealand and Germany.
About Q4bis, Inc.
Q4bis produces and markets a complete, end-to-end business intelligence (BI) suite of products. Q4bis has gained a reputation for excellence in developing and providing BI solutions to companies globally. The company has developed unique rapid implementation methodology and proof of concept techniques to supplement its reputation for interface intuitiveness. These methodologies provide organizations with a framework for successful first-time implementation and ensure outstanding ROI on their BI investment. Q4bis runs on any hardware platform, including PC and iSeries/System i platforms. For more information, contact Ross Morris, senior vice president, sales and marketing, Q4bis, Inc., 8 Corporate Park, Suite 300, Irvine, CA 92606, 949.442.8326,
About TVC Capital, LLC
TVC Capital, LLC is a San Diego-based private equity fund focused on the investment in and acquisition of software and software-enabled service firms across a wide spectrum of industries. TVC seeks investment opportunities with companies generating revenues of $3 million to $50 million. The firm typically invests in and acquires companies that are profitable, meet a mission-critical need of their customer base, and are in need of capital to accelerate their growth plans. TVC is managed by Steven Hamerslag and Jeb Spencer, who, in the last three years, have led investments in the following Southern California-based software companies: Del Mar Database Inc. (acquired by Fiserv Inc.), FieldCentrix Inc. (acquired by Astea International Inc.), TechnoCom Inc., Digital Map Products and Accordent Technologies.
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