Norwalk, CT – According to filings with the U.S. Securities and Exchange Commission, Shibumi is raising $30,612,036.00 in new funding. Sources indicate as part of senior management President and Chief Executive Officer, Bob Nahmias played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Shibumi
Shibumi reduces the need for time-consuming manual effort compiling status, impact and results and helps get teams back to their most important job executing. Shibumi helps teams stop spending the majority of their week in meetings and accelerate their actions with a focus on measurable results. Shibumi was founded in 2011 by a team of experienced technology executives who saw a gap in existing technologies for managing complex, strategic programs. They saw critical programs managed with spreadsheets and slide templates, burying program teams in low-value process work and hiding true priorities in complexity. They also saw project and portfolio management tools tracking milestones, schedule and budget, but without the flexibility needed to manage execution against true, enterprise-scale business goals such as revenue, expenses, working capital and market share.

To learn more about Shibumi, visit http://shibumi.com/

Contact:
Bob Nahmias, President and Chief Executive Officer
248-970-0004
https://www.linkedin.com/in/bobnahmias/

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