BigTime Software Receives $100M in Growth Funding From Vista Equity Partners

BigTime Software

BigTime Software, Inc., a Chicago, IL- and Phoenix, AZ-based provider of cloud-based software for professional services firms, received a $100 million strategic growth investment from Vista Equity Partners.

Existing BigTime investor Wavecrest Growth Partners will retain a stake in the Company, alongside the Company’s founder, Brian Saunders, and a small number of additional stakeholders.

The investment will be used to enhance product development and innovation, drive recruiting efforts for BigTime’s Chicago and Phoenix offices and bolster customer sales and support.

Led by Brian Saunders, Founder and CEO, BigTime Software is dedicated to developing practice management tools that help growing professional services firms track, manage and invoice their time. Its solutions are designed to be used by consultants of all stripes, from accounting, engineering, and architecture to IT services to improve suc processes as time tracking, invoices and projects, which are typically managed with spreadsheets and disparate software systems.

The solutions are used by more than 2,300 professional services firms.