BigMachines Raises Funding

BigMachines Inc., a Foster City, CA-based developer of cloud-based ecommerce software, has raised a new funding round of undisclosed amount.

The transaction is scheduled to close in approximately 30 days and will be subject to customary closing conditions.
Backers include existing investors Vista Equity Partners and JMI Equity and new investor salesforce.com.

The company intends to use the capital to further build out its product portfolio.

Led by David Bonnette, President, BigMachines delivers cloud-based solutions that help sales professionals configure products, generate quotes and proposals, manage complex pricing, generate legal contracts, and manage orders. BigMachines’ products offer extensive reporting capabilities and integrate to leading CRM and ERP systems. Customers include – among others – global leaders such as Siemens, Ingersoll Rand, and NTT Communications.
The company, which has offices in Chicago, San Mateo (California), Frankfurt, London, Hyderabad, Tokyo and Melbourne, is currently hiring (http://www.bigmachines.com/jobs.php)

FinSMEs

18/09/2012

Join the discussion