News and Analysis

News and Analysis (15667)

XERO REACHES ONE MILLION USERS

 Rod Drury, XeroXero has announced that it has recently passed one million subscribers. The New Zealand-based cloud software company said that it doubled its subscriber base in less than two years, adding nearly 300,000 in the last year.

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SAGE TO ACQUIRE COMPASS

Bjoern Lasse Herrmann, CompassSage has reached a deal to acquire Compass, which markets an analytics and benchmarking platform used by ecommerce businesses. Compass describes itself as planning to build the largest Ecommerce Information Network. Terms of the agreement were not revealed.

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KEYEDIN OFFERS MANUFACTURING TRAINING

KeyedIn Solutions, which markets cloud-based accounting and project management software, has released its KeyedIn Manufacturing curriculum. The courses are available on its cloud-based learning platform, the KeyedIn Excellence Academy, which was launched in 2015.

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KERR BUYS SOFTWARELINK

David Kerr, Kerr ConsultingKerr Consulting has acquired Atlanta Ga.-based SoftwareLink. Last week, we reported SoftwareLink founder Stan Kania had given up the ERP business to concentrate on hosting. Paired with the deal was the news that private equity firm Proviso had acquired majority ownership in Kerr, based in The Woodlands, Texas.

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M&A DRIVES SILVERSUN YEAR

Mark Meller, SilverSun TechnologiesAcquisitions completed in 2015 played a major role in financial results for SilverSun Technologies for the year ended December 31. SilverSun, parent of reseller SWK Technologies, reported 2016 revenue of $34.1 million, an increase of 23.4 percent from $27.6 million in 2015.

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RANDOM THOUGHTS: EMMA WATSON

Emma WatsonWith all the talk of the Trump administration's alleged foreign connections, Hollywood is talking about a sequel to the movie "Moscow on the Hudson." It will be called "Moscow on the Potomac—Russian to Judgment". Vladimir Putin will be played by Paul Reubens (PeeWee Herman) and Donald Trump will be played by Kevin Klein.

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AVALARA HIRES COMM MANAGER

AvalaraAvalara has hired Tony Susak as general manager for its communications business. He was director of tax for AT&T from January 2015 until taking the position. Before that he was tax director at Cricket Communications starting in December 2012 and was senor tax manager at OnStar from April 2006 through October 2012. Avalara's Communications business provides applications and services to small and large telecommunications companies.

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ABILA ENHANCES NETFORUM PRO

abilaNonprofit software vendor Abila has added  features to its cloud-based association management system Abila netFORUM Pro. Among the additions is integration with the Austin, Texas-based company's MIP Fund Accounting, accomplished via a financials export CSV File format.

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ALERE V. 11.0 LAUNCHED

Rod Hatcher, TIW TechnologyTIW Technology has introduced Version 11.0 of Alere, its business application suite. Version 11.0 integrates all Alere modules, including Accounting, Manufacturing, CRM, Mobility, InTouch, Data Acquisition and Alere Cloud. However, users can choose which modules they wish to activate.

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UNANET PICKS CUSTOMER SUCCESS VP

Sangeeta Dworkin, Unanet Unanet has named Sangeeta Dworkin as VP of customer success management. She was most recently interim CFO of Crowdkeep from August through this month and was VP account management customer success for Kitcheck from September 2015 through August 2016.

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