Acumatica Brings Total Funding to Over $30 Million

Posted on: November 24, 2014 | By: Craig Thompson | Acumatica

Acumatica, led by an investment from Australian accounting software company MYOB, has recently risen over $13 million in a new funding round.  This new funding paired with previous amounts led by Runa Capital and Almaz Capital brings total funding well in excess of $30 million. These key investments show the market’s acceptance of Acumatica as a key cloud accounting solution.                                              

Acumatica, which sells through its worldwide ecosystem of over 350 partners has also recently announced their 1,000^th customer and has also launched their latest software version, Acumatica 5.0. As a leading provider of cloud business management software, Acumatica continues deliver a suite of fully integrated applications such as Financials, Distribution, CRM and Project accounting all powered by a robust and flexible platform which is continuously advancing.                                                                              

Yet, as Acumatica continuously broadens their customer base, advances their product and increases funding, what do all of these milestones mean for you, the customer? All in all, with increased growth and funding, Acumatica will be able to better implement aggressive plans for growth allowing an enhanced product, accelerated expansion and a major upsize within the Acumatica brand. With continued growth and recognition as one of the world’s top cloud accounting solutions, customers can continue to expect exciting news from Acumatica as time progresses. To become a part of Acumatica’s innovative brand contact Logan Consulting, a Chicago based Acumatica partner. 

 

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