Kivuto, a leading provider of academic digital resources, today announced they have closed a $7.6 million equity investment from existing shareholders, led by Roynat Equity Partners.

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Kivuto is a leading provider of academic software, eTexts, and other digital resources for academic institutions and organizations worldwide. Software developers, book publishers, digital resource vendors, and academic institutions around the world rely on Kivuto to ensure the successful and secure delivery of digital products to eligible users.

This funding will enable Kivuto to continue to grow and expand their international client base, as well as to further advance the capabilities of their solutions.

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“Kivuto has have been in this business for over 22 years, but what we have seen in the past few months has been unprecedented. With the increasing demand for remote learning and requirements for online resources, it is critical that we continue to advance our sales reach and the capabilities of our solutions to fulfill the growing demand and evolving requirements of our customers,” said Blair Geddes, Chief Financial Officer at Kivuto. “This investment will allow us to accelerate advancements in our technology and effectively meet the needs of academic institutions and publishers around the world. We are delighted with this commitment from our existing shareholders, who share our view of the opportunity in the marketplace during this economically challenging time.”

“Kivuto is one of the leaders in this ever-growing industry,” said Mark Brodkin, Managing Director and Head of Roynat Equity Partners. “We have been impressed with their technology, and know that this investment will allow them to expand on this, as well as continue to grow their client base.”

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