Centage Corporation Receives Second Capital Infusion from Massachusetts Growth Capital Corporation
PR Web |
Centage ™ Corporation, a leading provider of budgeting and forecasting software (Budget Maestro™) for small and medium sized businesses, today announced the company has secured a second round of debt funding from the
Q2 momentum highlights include:
• Increased headcount by more 30%, year to date
• Achieved nearly 35% revenue growth, year to date, and have tripled the amount of revenue from channel sales year to date over the previous year.
• Extended leadership team with the hire of former IBM executive,
• Promoted Chris Howard to Vice President, Customer Experience and
• Named Core Vendor in
"As a rapidly growing company, in a burgeoning market, we are grateful for the ongoing support of MGCC to support our momentum," said
"Small businesses drive the Commonwealth's economy and face a unique set of challenges as they balance execution on existing business plans while seeking opportunities for growth. Mass Growth is thrilled to help local companies like Centage direct their energy towards activities that create jobs, and fuel growth and expansion opportunities. Their successes help build a stronger economy across the state," said
For more information follow us on Twitter @Centage or visit our blog http://centage.com/Blog/.
About
About Centage
Budget Maestro® by Centage is an easy-to-use, scalable, automated budgeting, planning, and forecasting application. It is designed for small to mid-market companies and automates many of the time-consuming and error-prone activities associated with using spreadsheets to generate accurate budgets and forecasts. It features built in financial and business logic that allow users to build and update their budgets and forecasts and never worry about formulas, functions, links or any custom programming. It is the only solution in the market that offers synchronized P&L, Balance Sheet, and Cash Flow reporting that generate automatically and seamlessly update. Budget Maestro serves more than 7,000 users worldwide. Visit us at http://www.centage.com. For more information follow us on Twitter @Centage or visit our blog http://centage.com/Blog/ for the latest insights on budgeting and forecasting strategies.
###
Centage and Budget Maestro are registered trademarks of Centage.
Read the full story at http://www.prweb.com/releases/2014/08/prweb12126566.htm
Copyright: | (c) 2014 PRWEB.COM Newswire |
Wordcount: | 664 |
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News