Paessler AG secures strategic investment from Turn/River Capital

Nuremberg, Germany / San Francisco, CA – [May 23, 2024] – Turn/River Capital, a software investor known for its impactful approach to growth acceleration, has made a strategic investment in Paessler AG, the leading provider of IT and OT monitoring solutions.

Since its founding in 1997, Paessler AG has been a leader in developing innovative monitoring solutions for businesses of all sizes across various industries. With over 500,000 users, the company has played a critical role in optimizing IT, OT, and IoT infrastructures worldwide. This investment by Turn/River Capital, a B2B software-focused firm with over a decade of investment experience in Europe, marks an important milestone in Paessler’s next phase of growth.

Helmut Binder, CEO of Paessler AG, remarked, “Joining forces with Turn/River opens new avenues for Paessler. The firm’s expertise in operations and strategic market expansion will empower us to scale even faster and enhance our ability to deliver value to present and future customers.”

Dirk Paessler, founder of Paessler AG, has steered the company with a pioneering spirit in network monitoring technology. His passion for technological innovation has established Paessler as a global leader in IT infrastructure management.

Helmut Binder, CEO of Paessler AG

Turn/River, based in San Francisco, CA, specializes in scaling software companies capital-efficiently. The firm’s investment strategy involves substantial operational support in areas such as sales, marketing, customer success, and talent acquisition, in addition to providing capital. This hands-on approach has enabled them to accelerate their software companies to new stages of growth, particularly European company expansion into North America and worldwide.

Joanne Yuan, Partner, Investments, of Turn/River Capital, stated, "Paessler represents exactly the type of software leader we seek: innovative and driven, with the ability to accelerate its enterprise platform development and expand in new markets. This is not merely an investment, but a partnership aimed at fostering significant growth and realizing the full potential of Paessler’s impressive product suite on a global scale.“

As Turn/River and Paessler begin this exciting new chapter, they are committed to enhancing value for their customers and positively impacting the global technology landscape.

Joanne Yuan, Partner, Investments at Turn/River Capital