Yatta secures funding for software engineering tool

Funding

Yatta Solutions GmbH, a specialist in model-driven software development, has secured backing from High-Tech Günderfonds for the further development of UML Lab, a software development tool which Yatta says is the first to offer a complete, automatic and error-free alignment of source code and models (or diagrams).

The model view remains the same throughout software implementation, without the need for time-consuming manual updating of the software’s design, closing the gap between the modelling and programming tools currently available on the market. Yatta claims this will shorten application development times by up to 40 per cent.

“The innovative technical approach of round-trip engineering, combined with the positive effect of quality enhancement and appreciable cost minimisation in the growing market of software engineering, was the major consideration for our decision to invest,” said Romy Schnelle, investment manager at High-Tech Gründerfonds.

With its investment, the fund is supporting the rapid development of UML Lab from a prototype to a finished product and its commercialisation. “High-Tech Gründerfonds is the right investor for us because it places a wide network of follow-on investors and business partners at our disposal and finances high tech innovation. The expansion of our company will be greatly speeded up” said company director Christian Schneider.