Concorde Solutions Raises £1M in Funding from Panoramic Growth Equity

Concorde Solutions, a Reading, UK-based software asset management company, has raised £1m in funding from venture capital firm Panoramic Growth Equity.

The company intends to use the capital to launch a new SaaS product in 2012 into the data centre and cloud computing markets and expand its professional and managed services to markets worldwide.

Established in 2007 by Managing Director Martin Prendergast and Phil Merson Services Director, Concorde has developed a custom-built SaaS product – ComplianceConsole, which is designed to deliver software compliance across multiple vendors, and identify opportunities for tangible cost savings. Used in support of the company’s core services in consultancy and managed services, Concorde provides a complete solution for managing the contractual and financial issues associated with software licensing and vendor subscriptions.

Customers include members of the Global Fortune 1000 as well as investment banks, mid-market companies, public sector organisations and charities.



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