CloudNews for 6th July, 2009

Jul 06 2009 10:16:27 AM Posted By : Sameer Gupta
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Making SaaS Easy Corporation Acquires IAC-EZ: A Simple and Affordable Online Accounting Application

Making SaaS Easy Corporation has announced the acquisition of IAC-EZ, the groundbreaking online accounting application for entrepreneurs, sole proprietors, freelancers and micro-businesses. In making the announcement, Mr. Myers said, "We chose IAC-EZ as our first Software as a Service product because it has a powerful offering, a dedicated customer base and unparalleled leadership that brought the application to the market quickly and efficiently."

InfoNow Secures $5M Series B Financing to Bolster Its Leadership in Channel Performance Optimization

InfoNow Corporation has announced that it has closed a $5 million Series B Preferred Stock financing. Vedanta Capital led the Series B financing, with existing investors Sequel Venture Partners and Sevin Rosen Funds both participating and increasing their investment in the Company. “This financing is a great testament to our market leadership and the growth and customer adoption we are achieving with our on-demand Channel Performance Optimization SaaS platform,” said Mark Geene, CEO, InfoNow. “It further validates the urgent market need for channel optimization to reduce costs and grow revenue for businesses that rely on complex sales channels.” 

SaaS Industry Pioneer Howard Koenig Named Chief Executive Officer of Aruspex

Aruspex has announced that it has appointed Howard Koenig as CEO. Mr. Koenig joins Aruspex from France-based Sword Group, where he headed up North American operations and strategic acquisitions for the global software provider. "To Aruspex's good fortune, the large enterprise software suite vendors have exhibited utter tone deafness when it comes to both SaaS and the very potent white space of Strategic Workforce Planning. Clearly, opportunities like Aruspex are few and far between -- I am energized by the accomplished team, proven technology and market traction." said Mr. Koenig.

StructureIT Relies on OpSource On-Demand to Streamline Financial Process Management

OpSource has announced that StructureIT, a leading financial software consultancy, has successfully deployed OpSource. "StructureIT's use of on-demand technology to revolutionize financial process management is the perfect example of how SaaS implementations can streamline and improve established business processes," said Treb Ryan, CEO, OpSource. "We are pleased to partner with StructureIT to help the financial industry bring greater transparency and timeliness to their billions of transactions." 

RokkSoft Launches New Partner Program for Agent partners

RokkSoft Solutions Corp. announced the launch of a new partner program for Agent Partners who want to provide their clients with access to cost-effective business enhancement SaaS applications. According to officials, a Reseller Agent is a partner who refers end-user client companies to RokkSoft to utilize the power of SaaS applications but also wishes to maintain ongoing sales support relationship with the client. These applications are delivered in a SaaS model to minimize the required startup resources. 

Vantage Learning Launches School Intelligence System

Vantage Learning recently announced the launch of Vantage Fusion, which is an integrated solution for faculty, students, parents and other district administrators for meeting data management needs. “ Known for our advanced technology used in schools, including the MY Access Instructional writing program and IntelliMetric automated essay scoring system, we are thrilled to launch Vantage Fusion in the U.S.,” said Harry Barfoot, vice president for Vantage Learning, in a statement. “We are calling it a School Intelligence System because it is so much more than just a student information system.”

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