Local tech company enosiX raises $4.25 million to simplify mobile app development

Downtown-based enosiX secured $4.25 million in investments during their first round of funding to help perfect their "Framework" software, which allows mobile app developers to integrate SAP into their development with ease.

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Another Cincinnati company is taking full advantage of the tech development market, working to fix a key mobile app downfall.
 
enosiX, a Cincinnati-based software company known for their developer-friendly “Framework” for mobile app creation, has a $4.25 million price tag on their first round of funding. Just last week, the company announced its success at the Gartner Application Architecture, Development and Integration Summit in Las Vegas. The company was formed in August at the Chiquita Building, 250 E. Fifth St., downtown.
 
enosiX’s software solves the primary problem many modern mobile application developers face: integrating SAP (systems, applications, products). Many Fortune 500 companies use SAP for data inventory and inventory management, among other things, but many modern social applications for your smartphone and other devices don’t connect to SAP. If a company wants to access their SAP data system, they can’t do so on a mobile app — enosiX is trying to fix that problem.
 
By creating this Framework solution, enoisX is allowing big companies to connect their apps to SAP, therefore eliminating the need to train SAP specialists or pay to hire a SAP-knowledgeable employee. In essence, it’s a heaven-sent solution for the development community.
 
The $4.25 million investment came from a variety of sources, including Allos Ventures and Mutual Capital Partners Funds. With the money, the company hopes to increase its staff (now at 15) and expand globally. The solution already has clients in Europe, and founders Gerald Schlechter and Philippe Jardin are currently talking with potential clients in the U.S.
 
Schlechter is a native of Austria who moved here in 2005 to work for Swarovski Crystal. He met his wife, a Cincinnatian, in 2006 and continues living here today. With a background in SAP and experience that crosses international borders, Schlechter decided to start building enosiX’s framework after running CNBS, his own consulting company, for a few years.
 
Jardin hails from South Africa and was put in contact with Schlechter when the idea of the enosiX Framework was in its infancy.
 
“Philippe knew the right people, he knew how to start this kind of business,” Schlechter says.
 
The company is constantly hiring, Schlechter says, particularly those knowledgeable in SAP and .NET developers. They hope to reach 40 employees over the next year.
 

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