M-Files raises €67 mn investment led by Bregal Milestone

M-Files Corporation, an intelligent information management company, has received investment of €67 million – led by Bregal Milestone, a European growth capital firm, with current investors Partech, Tesi and Draper Esprit also participating.
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M-Files provides an intelligent, repository neutral platform that utilises metadata and artificial intelligence (AI) to break down information silos and unify systems, data and content across an organisation.

M-Files embeds within popular digital workplace platforms, including Microsoft 365, Salesforce and Google Workspace, enabling users to access and manage documents and information from the applications where they prefer to work.

M-Files has more than 500 employees located across 11 global offices. The company’s software-as-a-service (SaaS) business model propels its business growth.

M-Files has been featured in the Gartner Magic Quadrant for Content Services Platforms (formerly Enterprise Content Management) since 2012 and named a Visionary for the last five consecutive years.