The HPI spin-off secured a €15.5M investment shortly after its first high investment of €31M. BusinessWire highlights further details on the deal.

Signavio GmbH has launched Europe’s first “modeling as a service” offer with its Signavio Process Editor. The new product’s advantage: as an Internet-based solution it allows users to carry out professional process management without installation costs and investment risks. Selected processes can be carried out with customers and suppliers collaboratively. Within the organization as well, more employees can be involved in the process design and suggestions for improvement incorporated more easily. The company was founded by HPI alumni Gero Decker, Nicolas Peters, Torben Schreiter and Willi Tscheschner. HPI professor Mathias Weske supports the company with his expertise. Signavio uses components from the Open Source project Oryx, which is developed at the Business Process Technology Chair.