09 December 2013
Huddle, the web-based leader in Enterprise Collaboration and Content Management has reported 100% growth in revenues in its latest results. The company, which began in the UK in 2006, has grown rapidly in the US, with particular success in the government sector. It now has four offices in the US and is about to set up operations in Australia, a move that will put the company within reach of markets in Southeast Asia. The company’s rapid growth is the result of both the cloud and collaboration becoming investment priorities for CIOs.
17 September 2013
Apttus, the category-defining Quote-to-Cash solution provider, today announced it has raised a $37 million funding round, its first ever, from K1 Capital, ICONIQ Capital and salesforce.com. The company has experienced meteoric growth every year since its founding in 2006 with 100 percent revenue growth in 2013. Recent product releases have further expanded Apttus’ market opportunity and are fulfilling customer demand and need for an integrated end-to-end quote-to-cash automation software suite.
17 September 2013
Zynstra, a provider of hybrid cloud solutions for small and medium sized enterprises (SMEs), has today announced the completion of a $3.8 million Series A funding round, bringing the total amount raised to just over $6 million. The financing was led by Octopus Investments, and included early investors Richard Brennan, former EVP Global Marketing at Orange Group, Tom Vari, former CIO of Cable at Rogers Communications Inc. and Jon Craton, Zynstra’s Chairman and former CEO of Cramer. The company will use the funds to accelerate innovation and expansion of the channel.
07 February 2013
Virtual Instruments, the leader in Infrastructure Performance Management (IPM) for physical, virtual and cloud computing environments, has been listed third on Forbes annual ranking of America’s Most Promising Companies — a list of 100 privately held, high-growth companies with bright futures. Virtual Instruments moved up three spots from the 2011 ranking. Over the course of the past year, Virtual Instruments has seen accelerated growth in all areas of its business. In September, the company announced $27.5 million in late stage venture funding, which it plans to invest in product development and geographic market expansion and have continued to build out its European presence. With its recent success with customers in the Asia Pacific market, the company also plans to expand in the Asia Pacific region.
05 December 2012
CloudPay, the pioneer and foremost provider of multi-national payroll technologies and services, today announced that it has completed a $16 million Series B round from Pinnacle Investment Partners, Rho Ventures and other institutional investors. This strategic round enables CloudPay to consolidate its innovative SaaS platform as the standard for multi-national payroll management and further accelerate the strong growth that it has experienced in the last 18 months. As the use of the cloud for enterprise payroll management continues to gain significant momentum, CloudPay will focus on extending its technical, service and sales capabilities.