Phocas Software Nabs $45 Million in Funding for Vertical-Specific Analytics
Summary
The capital injection will enable Phocas to hasten its growth in America and the United Kingdom, as well as expand into new verticals and continue developing its core data analytics offerings. Phocas Software offers a cloud-based business intelligence and data analytics solution for the manufacturing, distribution, and retail industries. The product consolidates essential business data from common ERP, CRM, and AP/AR systems to generate organizational insights and financial performance through historical and predictive analysis. The vendor operates on a core philosophy that enables end-users to track and report on essential KPIs and metrics that are specific to role and industry. Customers will benefit from this new investment as we expand the features and functionality of the core product for our clients’ sales, purchasing, and executive teams.
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