KAL is a global software company established in 1989 and headquartered in Germany. The company operates in the forefront of the ATM industry, offering a comprehensive suite of applications, management servers, and platforms that enable seamless integration of ATM hardware, software, and services from multiple vendors.
At the core of KAL's solutions is Kalignite, a comprehensive ATM software platform known for its adherence to industry standards, integration with major hardware manufacturers, and support for various host protocols. This platform not only provides the necessary tools and components for ATM client applications but also extends its capabilities to Bank Branch Systems, allowing banks to standardize their customer touch-point strategy under a single software umbrella, consequently reducing the total cost of ownership.
KAL's offerings empower clients to adopt a best-of-breed strategy, resulting in cost reduction, increased functionality, and enhanced customer experience. The company prides itself on its unrivaled product support, which sets it apart from competitors.
The most recent investment in KAL amounted to £2.40M in a Venture Round, which occurred on 01 May 2001. The investors participating in this round were Scottish Equity Partners and RBC Venture Partners.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Venture Round | £2.40M | 2 |
|
01 May 2001 |
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