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Unleashed Software secures 4.5 million

Published: Wed 17 Jun 2015 11:26 AM
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, 2015 – Unleashed 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
Unleashed
Inventory Management Software
A privately owned company, Unleashed Software has customers in over 80 countries from enterprise level corporations down to sole traders. Our software provides a powerful platform to accurately manage inventory in real-time, delivering dynamic inventory intelligence for better business decisions.
Unleashed partners with a range of online accounting, point-of-sale and ecommerce software to form a complete end-to-end business management solution. You will benefit from both the improved order management and greater visibility that Unleashed provides. Around the globe, Unleashed is recognized as inventory management software that delivers.
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