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SIMPRO RECEIVES $31 MILLION Featured

Ken Del Gobbo, simProSimPro Software, which makes project management software, has received a $31 million investment from New York-based Level Equity. Level Equity will remain a minority investor, the company said. Based in Brisbane, Australia, the company is related to Gemaccounts, a cloud-based accounting software company, that put out a few press releases in this country and then went quiet.

The United States headquarters is in Boulder, Colo., and it seems to me that the product line description has been moved up a step—it was more often called job management in the past. Originally, the push was for Gemaccounts, which hired industry veteran Ken Del Gobbo as president of its North American operations. After a press release about his naming was published in 2013, the company did not issue another. At some point, investors decided to put the effort into simPro with Del Gobbo's LinkedIn profile showing he also holds the job of VP of partnerships for simPro on this continent. The CEO of the simPro Group, and acting president in this country, is Brad Couper, stationed in Boulder. The company was founded in 2002 by Stephen Bradshaw, executive director, and Vaughan McKillop, technical product manager. There is a history involving investments that takes too long to explain. The corporate website features photographs of the leaders that looks like they were taken by someone with some experience in lighting police interrogations.

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