Valamis
| File:Valamis-logo-black.svg Logo since May 17, 2018 | |
| File:Valamis's headquarters in Joensuu.jpg Valamis's headquarters in Joensuu | |
| Formerly | Arcusys Ltd. (2003–2018) |
|---|---|
| Industry | Enterprise software Educational technology |
| Founded | 18 December 2003 |
| Founders | Jussi Hurskainen (CEO) Mika Kuikka (President) Kyösti Nevalainen Mikko Taivainen |
| Headquarters | , |
Area served | Worldwide |
| Products | Valamis - Learning Experience Platform |
| €9.8 million (2018)[1] US$11.43 million | |
Number of employees | 180 (2018) |
| Parent | Adelis Equity Partners |
| Subsidiaries |
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| Website | www |
Valamis Group Ltd. is a Finnish enterprise software company headquartered in Joensuu, Finland.
History
[edit | edit source]Arcusys was founded on 18 December 2003,[2] by Jussi Hurskainen, Mika Kuikka, Kyösti Nevalainen and Mikko Taivainen. In the early years, Valamis' main business was working as a subcontractor for large manufacturing corporations. When the technology development took off within the company in 2007, Valamis started work with universities.
In 2012, Arcusys acquired the software company Fudeco Ltd[3] and expanded its offices to Oulu, Finland.[4]
In 2016, the company acquired the predictive analytics company Olapcon Ltd.[5]
In May 2018, Arcusys changed its name to Valamis.[6]
In January 2019, Valamis acquired the software company Componence Services B.V. and opened an office in Amsterdam.[7]
In December 2020, Valamis was acquired by Adelis Equity Partners. Adelis acquired shares from the passive shareholders and invested growth equity in the company through a private offering.[8][9]
In July 2021, Valamis acquired the digital learning management software company The Working Manager Limited (TWM).[10]
References
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