Today we are thrilled to announce Qubika, the result of the merger between December Labs and Moove It, with the support of the US investment fund, Recognize.
Qubika will be headquartered in Austin, Texas, with additional offices in the United States and Latin America. Moove It and December Labs are both known for their flourishing companies and work culture that fosters growth and innovation as they have both received repeated recognition for their work environments and quality of work. Moove It achieved a Net Promoter Score (NPS) of over 80, and both companies have been recognized by the”Great Place to Work” awards, in addition to December Labs’ positioning as the third-best company in Uruguay, and the best among software companies in 2023.
The founders of Qubika expressed their excitement about the merger.
“Our merger comes at a critical moment when customers are increasingly seeking trustworthy and innovative technology partners to drive effective digital transformation,” said Ariel Ludueña Karhs, CEO of Moove It.
Martin Palatnik, CEO of December Labs added ““By combining with Moove IT, we are thrilled to offer our customers new and innovative solutions,”.
Recognize’s investment in Qubika is the fund’s first one in Latin America. Qubika’s board of directors includes the founding partners of Moove It and December Labs, along with Frank D’Souza and Charles Phillips, making it one of the largest software development companies in the country.
We are excited about the future of Qubika and look forward to providing innovative solutions to our clients at a larger scale. A full brand launch, including a new website, will take place in the coming months. In the meantime, please visit Moove-it.com and Decemberlabs.com for any inquiries.
Recognize is an investment fund founded by Frank D’Souza (Co-founder and former CEO of Cognizant), Charles Phillips (former CEO of Infor and former President of Oracle), David Wasserman (former partner at Clayton, Dubilier and Rice), and Rajeev Mehta (former President of Cognizant). Recognize’s objective is to help technology companies, providing operational experience, industry insights, and strategic capital to take them to the next level.
About Moove It
Moove It is a custom digital product development and design company founded in 2006 in Montevideo, Uruguay. The company’s three partners – Martin Cabrera, Ariel Ludueña, and Conrado Viña – bet on the US market early on, positioning themselves quickly as strong partners for clients such as Ripple, Shopify, and other leading brands. Moove It has offices in Austin, Montevideo, and Cali, and a team of over 300 collaborators with experience in various areas, including UX/UI design, software development, quality assurance, data engineering, artificial intelligence, cybersecurity, and cloud.