Aximsoft and Pacific Arc Announce Memorandum of Understanding (MoU) to Advance Technology Incubator Over the Next Two Years

Together, the full-service incubator program provides unparalleled support and agile execution for startups during the entire product design to production process


SAN RAMON, Calif., Jan. 24, 2018 (GLOBE NEWSWIRE) --

Aximsoft, a global technology partner and incubator for emerging startups focusing on product to profitability, announces its strengthened partnership with Pacific Arc Investments, a leading investment group located in Silicon Valley.

Aximsoft facilitates startups to build the future through its incubation program and brings ideas to life by providing support through the entire startup lifecycle. This new agreement between Aximsoft and Pacific Arc strengthens the partnership in order to expand the startup and product portfolio. Aximsoft will act as the preferred technology service provider for Pacific Arc startup investments. Furthermore, Pacific Arc will be the primary investment group for startups registered under Aximsoft’s startup incubation program to validate product ideas, strategy and growth metrics.

“After three years of collaboration, this memorandum is a turning point for us,” said Kannan DR, CEO at Aximsoft. “We now have a structured framework to further promote our partnership and we will continue to provide exceptional long-term service to startups to build extraordinary technology products and solutions.”

Headquartered in California and servicing startups globally, Aximsoft is backed by a strong and organically grown team of highly skilled professionals, bringing innovative, secure and scalable technology products and solutions since 2005. Pacific Arc will bring a team of calculated thinkers and experienced executives who have over 70 years of business experience to support investments. The agreement creates a unique platform for both companies to facilitate future cooperative initiatives such as technology service, technical evaluations, investments and co-branded initiatives.

“We were delighted to sign this memorandum to continue our successful partnership,” said Doug Sinclair, Partner at Pacific Arc Investment. “These next two years will enable Pacific Arc and Aximsoft to deepen ties and improve opportunities within the industry, creating the best incubator experience.”

To learn more about Aximsoft, visit www.aximsoft.com and to learn more about Pacific Arc, visit www.pacificarc.com.

About Aximsoft
Since 2005 Aximsoft has delivered robust and scalable design solutions that deliver the best user experience. Aximsoft has been a key leader in the startup incubation process, creating alliances with major technology service providers like Amazon, to boost client innovation and growth. Aximsoft’s collaboration with Amazon Web Services allows clients up to 10 thousand dollars in AWS services. Aximsoft is also a Microsoft Gold Certified partner, representing the highest level of competence and expertise with Microsoft technologies.

About Pacific Arc
Pacific Arc provides its clients with a true partnership experience, helping them to establish the building blocks to success. With over 70 years of business experience, Pacific Arc has continued to provide investment support ranging from one million to 20 million dollars.

Media Contact
Elizabeth Landy
Uproar PR for Aximsoft
321-236-0102 x232
elandy@uproarpr.com