Why Cervin Ventures Invested in Nexient

    Cervin Ventures
    18 May 2021

    NTT DATA Services, a global digital business and IT services leader, has entered an agreement to acquire Nexient, a cloud-native company that will expand NTT DATA’s differentiating transformation, modernization and cloud app development capabilities. Nexient will serve as a scalable anchor for NTT DATA’s Application Development & Modernization practice, adding user-centric full stack product development capabilities and speeding the ability to offer sophisticated digital transformation services to clients, including digital product strategy, product design and development, and platform transformation.

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            An Early Investment

    Nexient was one of Cervin’s early investments that we incubated as an adjunct to our software investments. The network of IT leaders at Fortune 500 companies that we’ve been able to build through our partnership with Nexient has created a great synergistic advantage for our portfolio companies with ability for us to help founders with the CIO’s latest thinking on trends, tech stack evolution, potential POCs and early adopter feedback.

    Congratulations to Mark Orttung and team for having built a phenomenal platform and an incredible outcome.