Software Industry News

1. HR Acuity, The Leading Employee Relations And Investigation Management SaaS Solution, Receives Growth Equity Investment From Growth Street Partners
   12/12/2019

   Growth Street Partners today announced a minority growth equity investment in HR Acuity, the leading provider of software to manage, track, and investigate employee issues.

2. One Identity Extends Active Directory-Centered Provisioning And Deprovisioning To Several Cloud-Based Applications, Including Salesforce, Google, ServiceNow And Workday
   12/12/2019

   One Identity, a proven leader in identity-centered security, today released product enhancements that will enable far easier provisioning and deprovisioning of AD accounts extended to cloud and SaaS applications, which are critical among enterprises going through the digital transformation process.

3. Eccentex Plans Global Expansion Of Business Software Solution With Major New Investment
   12/11/2019

   Eccentex, the next generation case management and customer service automation software company for businesses and government agencies, announces a major investment to bolster new partnerships, sales and marketing initiatives and international expansion.

4. SolarWinds Set To ‘Cover The Databases’ Through Acquisition Of VividCortex And Introduction Of New Monitoring Solution Designed For Cloud-Native Databases
   12/11/2019

   SolarWinds a leading provider of powerful and affordable IT management software, today announced it has acquired VividCortex, a leading provider of SaaS-delivered database performance management with an emphasis on databases commonly used in cloud-native applications designed to meet the needs of a wide range of customers.

5. Riversand Secures Additional $10M Investment From Crestline Investors To Support Rapid Growth
   12/11/2019

   Riversand, a leading software-as-a-service (SaaS) Master Data Management (MDM) and Product Information Management (PIM) solution provider, announced today it has received additional funding from Crestline Investors (“Crestline”), a credit-focused institutional alternative asset manager. In 2017, Crestline invested $35M in Riversand for a Series A round.

6. Healthcare SaaS Startup GrowthPlug Secures $1M Investment From Elevate Capital
   12/11/2019

   GrowthPlug, a healthcare practice growth and optimization software-as-a-service (SaaS) company, announced that it has secured a $1 million investment commitment from Elevate Capital and its investment syndicate.

7. Secure Code Warrior Raises US$47.6M To Reduce Recurring Software Vulnerabilities Globally
   12/10/2019

   Global secure coding company, Secure Code Warrior, today announced it had secured a Series B funding round of US$47.6M led by Goldman Sachs.

8. Gtmhub Raises $9M Series A To Power Evolution Of OKRs For Enterprise Success
   12/10/2019

   Today Gtmhub, the world’s most powerful objectives & key results (OKRs) and business success platform, revealed it has secured a $9M Series A round led by CRV and backed by Berkay Mollamustafaoglu, Head of OpsGenie at Atlassian, Augusto Marietti, CEO of Kong, and previous investor Launchub Ventures.

9. Imply Raises $30mm At A $350mm Valuation In Growth Round To Fuel Development Of Its Cloud-Native, Real-Time Analytics Solution
   12/10/2019

   Imply, the real-time analytics company, announced today that it has raised $30M in funding led by Andreessen Horowitz’s Late Stage Venture Fund with participation from Geodesic Capital and Khosla Ventures.

10. BitTitan Appoints New EMEA Sales Director To Support Dynamic Growth In Region
    12/10/2019

    BitTitan, the developer of MigrationWiz and global leader in managed services automation, today announced it has named seasoned sales executive James Clifford as the company’s new EMEA sales director.