Centage Secures $9.5M in Series A Funding

Centage Corporation, a Natick, MA-based provider of budgeting and forecasting software for small and medium sized businesses, secured $9.5m in Series A funding.In conjunction with the funding, Jeb Spencer of TVC Capital and Jared Stone of Northgate will join the company’s board of directors.The company intends to use the funds to expand its product offering to include a cloud-based solution and increase marketing efforts both domestically and internationally.It features financial and business logic that allow users to build and update their budgets and forecasts with no formulas, functions, links or custom programming.Budget Maestro also offers synchronized P&L, Balance Sheet, and Cash Flow reporting that generate automatically update.