Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Unleashed Software secures 4.5 million

Unleashed Software secures 4.5 million in latest capital raising

New funding to support trans-Tasman growth and international expansion, and product development

SYDNEY, AUSTRALIA, June 16, 2015Unleashed Software, the inventory management software-as-a-service (SaaS) developer, has announced the completion of its most significant capital raising to date, valued at $4.5 million.

Among the backers is existing investor Craig Winkler, founder of MYOB and a prominent industry figure whose influence and expertise in the business management sector spans decades.

In addition to building out its product strategy and development team, the capital will also strengthen Unleashed’s trans-Tasman operations, particularly in sales and marketing, and allow it to invest further in its expansion in the United States.

“With the continued support of our stakeholders, we have spent the last 12 months rounding out our executive leadership team, improving our software to ensure customers have the features and functionality they need, and delivering a great support experience,” said Gareth Berry, Chief Executive Officer, Unleashed Software.

“The additional funds serve as a platform for growth for the 2016 fiscal year. Now it’s all about executing on our product roadmap, as well as our marketing, channel and influencer programs and campaigns. This will help us win further market share in Australia and New Zealand, and extend our reach to the United States and soon, the United Kingdom.”

This round of capital raising follows a successful six months during which Unleashed employed its first US staff, appointed a new Chief Technology Officer, Lisa Miles-Heal and Chief Marketing Officer, Anthony Mordech, and launched its integration with Intuit’s QuickBooks Online business and financial management software.

The company was also recently named finalist for the NZ Hi-Tech Emerging Company of the Year Award and Manufacturer’s Monthly Endeavour Award in the application category.

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

NIWA: Scientists Say Methane Emitted By Humans ‘vastly Underestimated’

NIWA researchers have helped unlock information trapped in ancient air samples from Greenland and Antarctica that shows the amount of methane humans are emitting into the atmosphere from fossil fuels has been vastly underestimated... More>>

ALSO:

SMC Expert Reaction: Record Dry Spells And Effects On Forests

With no rain forecast before Sunday, Auckland is about to break a record for the city's longest dry spell. Niwa says Auckland is likely to hit 40 consecutive days without rain this weekend . The upper North Island is seeing severe meterological ... More>>

ALSO:

Reserve Bank: Official Cash Rate Remains At 1.0 Percent

The Monetary Policy Committee has decided to keep the Official Cash Rate (OCR) at 1.0 percent. Employment is at or slightly above its maximum sustainable level while consumer price inflation is close to the 2 percent mid-point of our target range. ... More>>

ALSO:



Science Media Centre: Novel Coronavirus Detected In China – Expert Reaction

The virus was detected after more than 40 people were hospitalised with pneumonia in Wuhan City, China and the outbreak traced to a large animal and seafood market. The Centers for Disease Control and Prevention reports that person-to-person transmission ... More>>

ALSO:

Science Media Centre: Flooding could release toxic gas – Expert Reaction

A chemical substance known as ouvea premix stored at an old paper mill in Mataura could release toxic ammonia gas if it comes in contact with water.More>>

ALSO: