NuTech Solutions, Inc., a provider of advanced predictive analytics and profit optimization software products for Global 1000 companies, announced that it has received an infusion of more than $2 million dollars, primarily from the company's existing private investors. The round brings NuTech Solutions' total funding to more than $14 million since its inception in 1999.
"I am very pleased with the progress that the company has made during the last twelve months," said Lech Walesa, Former President of Poland, who also serves on the Board of Directors of NuTech Solutions. "During that time the company has significantly broadened its product portfolio and grown its business by winning key product licensing deals with General Motors, ChevronTexaco, Bank of America and BB&T."
NuTech Solutions plans to use these additional funds to continue to grow its business and to leverage the revenue opportunities created by its recent acquisition of the software development operations of privately held BiosGroup, Inc.
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