News and Analysis

News and Analysis (15676)

STORDAHL JOINS SCALENORTH

Darren Stordahl has joined NetSuite reseller ScaleNorth as VP of market growth and strategy. Stordahl was most recently VP of sales and marketing for Western Computer, based in Oxnard, Calif.  

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CANADA REVS DAMPEN ALITHYA

A 2-percent decline in Canadian revenue held Dynamics reseller Alithya to a 3-percent rise in overall revenue for the first quarter ended June 30. 

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RKL BUYS CPA TECHNOLOGY

 RKL eSolutions, has acquired Philadelphia, Pa.-based CPA Technology. RKL said the deal will expand its technology lineup in the construction and real-estate development industries.

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NETSTOCK HIRES TWO EXECS

 Netstock, which makes supply chain software, has hired two executives. The company this month said it has hired Steve Shin as EVP of operations and customers success and Ryan Bavery as VP of product management.

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SWK PARENT POSTS STRONG 2Q

 SilverSun Technologies, parent of reseller SWK Technologies, rebounded to a profit year-over-year on a 24.6-percent rise in revenue for the second quarter ended June 30. 

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PROCORE HIKED SALES, MARKETING HIRES

Procore Technologies said it has increased its sales and marketing head count by 23 percent over the last year.

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HACKING COST AVIDX $3.6M IN 2Q


 Hacker 2023An incident in which hackers stole data from the systems of AvidXchange in May cost the payments software company $3.6 million in professional services and legal fees  during in its June quarter.

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B’BAUD USERS TAKE LONGER SUBS

 Blackbaud says its customers are overwhelmingly opting for its three-year contracts. The nonprofit software company began offering the longer subscriptions late in 2022.

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AVALARA PROMOTES PARTNER VP

 Avalara has promoted Meg Higgins to the position of SVP of global partners. Higgins takes on the expanded role after serving as VP of global partner business development since January 2022

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DYNAMICS FY 23 REVS TOPPED $5 BILLION

Dynamics revenue raced past $5 billion for the first time, according to Microsoft’s report for results for the year ended June 30. The company said the segment had revenue of $5.44 billion last year, an increase of 16 percent from $4.69 billion from the prior fiscal year

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