News and Analysis

News and Analysis (15390)

SILVERSUN EARNINGS DOWN SHARPLY

SilversunNet income for SilverSun Technologies, parent to SWK Technologies, dropped to $17,218 for the second quarter ended June 30, down sharply from $120,493 a year earlier. Revenue for the most recently period was $9.7 million and increase of 13.8 percent from $8.5 million in last year’s corresponding period.

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ROOTSTOCK OPENS HEADQUARTERS

Pat Garrehy, RootstockRootstock software has opened a new headquarters in San Ramon, Calif. The company, which makes software based on the Salesforce platform, said it has had employee growth of 111 percent since the beginning of the year. 

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BRIGHTPEARL RECEIVES $!5M INVESTMENT

Derek O’Carroll, Brightpearl Brightpearl, which markets retail ERP systems, has received $15 million in a growth round. The round was led by Cipio Partners, which existing investors MMC Ventures and Notion Capital. 

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SAGE: INTERIM CMO MADE PERMANENT

Ron McMurtie, SageSage has named Ron McMurtie as chief marketing officer, after he served as an interim CMO since November. Before that, he was  EVP of customer marketing for the software company from November 2016 through September 2017.

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SYSPRO PICKS NEW ASIAN CEO

SysproSyspro has hired Pierre Renard as CEO of Syspro Asia. It is the latest in what appears to be a significant amount of new blood to come into the South Africa-based new blood. 

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EXACT HIRES TECHNOLOGY OFFICER

Jeroen van de Heijden, ExactJeroen van Der Heijden has been named as chief technology officer at Exact. It is a return to the Netherlands-based software company as Van der Heijden worked there from 1991 through 2005.

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KEYEDIN UPDATES MANUFACTURING

KeyedinKeyedIn has introduced the latest release its manufacturing application. Meanwhile, the software company also reported this week it is migrating its platform to Microsoft Azure.

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INTUIT NAMES ACCOUNTANT LEADER

Ariege Misherghi, Intuit Intuit has named Ariege Misherghi as the new leader of its Accountant Segment. She replaced Rich Preece who has moved into the newly created position of U.S. country manager for Intuit’s Small Business Self-employed Group. Preece had held his previous job since August 2016.

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BLACKBAUD TO GROW SALES FORCE

Mike Gianoni, Blackbaud Blackbaud intends to grow its sales force in the second half after focusing on increasing productivity in the first half. Company executives outlined that plan in this week’s webcast for earnings for the second quarter ended June 30.

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SAGE REVENUE PICKS UP IN 3Q

Steve Hare, SageAfter an unexpected slip in revenue goals for the first Half, Sage said it has moved back on plan. The comment was made this week by CFO Steve Hare during a trading update for the third quarter ended June 30.

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