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Article: United States : Acumatica lands investment from Almaz Capital Russia Fund.
- Article from:
- TendersInfo
- Article date:
- November 5, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Mamta03
Acumatica, a company that develops and sells web-based accounting, ERP and CRM software, has received an investment in an undisclosed amount from the Almaz Capital Russia Fund I, which is backed by Cisco Systems.
The investment will be used to help Acumatica launch its Software as a Service (SaaS) offering and secure its position as a leader in providing fully customizable SaaS and on-premise software. A
The company says Acumatica is designed as a highly customizable web application with the flexibility to be hosted on-premise, at a datacenter, or on a cloud computing platform. Acumatica offers advanced financial features ...