Founder of Black Dragon Capital and Technology Entrepreneur Will Assist in EnterWorks’ Global Expansion into Overseas Multinationals and Fortune 100 Companies
Sterling, VA – June 12, 2018 – EnterWorks, a leading provider of Master Data Management (MDM) and Product Information Management (PIM), announced today the board appointment of Louis Hernandez Jr., technology entrepreneur and founder of Black Dragon Capital, to serve and advise on growth strategies with major enterprises. EnterWorks is funded by Black Dragon Capital, LLC, a growth-oriented venture fund focused on investment opportunities in e-commerce, sports and media, and financial technologies, with significant international domain experience. The appointment comes after nine consecutive quarters of growth on a year-on-year basis for EnterWorks, including triple digit software growth and significant increases in market share.
“Our recent large-scale wins are a perfect match to Louis’ history of founding companies and creating billion-dollar-plus enterprises,” said Rick Chavie, CEO of EnterWorks. “We look forward to the contributions that someone with Louis’s background can add to the board of directors. We are delighted that he’ll be able to help us navigate this exciting expansion phase.”
Advancements in the Enable™ MDM platform with funding from Black Dragon Capital further differentiates EnterWorks in its ability to support the widest diversity of business models most affected by the digital wave sweeping over businesses today, from mid-size companies to the largest enterprises and from localized divisions and brands to multi-national conglomerates.
“The digitization of several consumer industries is completely disrupting how brands and industrial players manage their entire value chain. EnterWorks is leading the transition to digital commerce with its unique and sophisticated data management and information management solutions in a variety of industries, which is driving significant growth for the company,” Hernandez said. “It’s an exciting time for the company, its partners and employees, and I look forward to working closely with EnterWorks on its continued growth and expansion on a global scale.”
Hernandez, founder and managing director of Black Dragon Capital, is an award-winning entrepreneur who has founded and advised technology organizations ranging from start-ups to large publicly traded companies. Among his accomplishments is serving as chairman and chief executive officer at Open Solutions, which grew from a start-up to almost $1.4 billion before being sold to FiServ. Both American Banker and the Wall Street Journal labeled Open Solutions a leading technology provider in the financial services sector worldwide while under Hernandez’s leadership. More recently he served as chairman and CEO of Avid, a publicly traded provider of media-related technology, where he led a massive turnaround that included a nine-year financial restatement, re-listing on NASDAQ, improvement in Adjusted EBITA of over $90m and a return to growth and cash flow.
Hernandez was named a top innovative leader for his aggressive and innovative approach to open-architecture core processing technology strategies by Bank Technology News. He has more than 30 years of experience as a serial entrepreneur by serving on numerous corporate boards, including HSBC North America Holdings, HSBC USA, Mobius Management Systems, Unica and Edison International.
The EnterWorks Multi-Domain Master Data Management (MDM) solution enables companies to acquire, master, manage, govern, and transform multi-domain master data across their value chain into a competitive advantage for organizations of all sizes – from SMBs to global enterprises. Solutions offered include: Master Data Management, Golden Record Management, Data Stewardship, MDM Workflow & Business Process Enablement, Data Governance, Data Synchronization, Syndication & Integration, Digital Asset Management, Print Automation, and Self-Service Portals.
EnterWorks is highly ranked by various research analysts and used by industry leaders such as: Ariens, Big Rock Sports, CPO Commerce, Creative Converting, Darigold, Fender Musical Instruments, Guthy-Renker, Hearth & Home Technologies, HON Furniture, Interline Brands, Johnstone Supply, Mary Kay, Mercer, Orgill, Publishers Clearing House, Restoration Hardware, Strategic Market Alliance, HP Hood, and W.B. Mason. EnterWorks is funded by Black Dragon Capital, LLC, a growth-oriented venture fund focused on investment opportunities in e-commerce, sports and media, and financial technologies, with significant international domain experience. Learn more at enterworks.com.