Procore Technologies has raised about $656.5 million in its initial public offering. Those are the estimated proceeds to the company from the sale of 10,410,000 million shares of common stock, including the underwriters’ purchase of 940,000 shares following the initial sale of 9,470,000 shares.

 Sage has hired two senior level executives with one moving into the new role of EVP of international markets. The action included naming Microsoft and Oracle veteran Walid Abu-Hadba as chief product officer. His major role is growing the Sage Business Cloud.

In the last few quarters, QAD has reported net income, but a drop in revenue. For the first quarter ended April 30, the manufacturing software company reported both net income and 11.7-percent rise in revenue.