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VELOSIO RECEIVES FUNDING Featured

 Jim Bowman, VelosioReseller Velosio has received a capital investment from private equity firm Harren Equity Partners. The Columbus, Ohio-based VAR did not disclose the amount received.

In the announcement, Velosio, created a year ago via the merge of the SBS Group and Socius, said it will seek to become the "leading Dynamics Partner in North America". In the rankings of Bob Scott's Top 100 VARs last spring, Velosio was No. 7 with $85 million in revenue. It carries the full Dynamics line, along with NetSuite. "Velosio has energetic plans for 2019 to grow the business across our entire portfolio of solutions, practices, and channels,” said Jim Bowman, the firm's chairman, said in a prepared statement. Velosio also offers its own applications, including Velosio SalesExpedite and Sales Connect.

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