Monet Software Secures Additional Growth Funding from
Summary
CINCINNATI, NEW YORK, SEATTLE, LOS ANGELES, June 01, 2017 – SaaS Capital, the leading provider of Committed Credit Facilities to SaaS companies, today announced that it has provided a new expanded round of growth financing to Monet Software. “When we did our first financing deal with SaaS Capital, I was very impressed with the executive team,” said Chuck Ciarlo, CEO of Monet Software. “They are smart, clearly understand the SaaS space and have designed their structure specifically for situations like ours – to efficiently and flexibly finance our rapidly growing subscription revenue and expanding customer base. The new financing will also allow us to accelerate the delivery of new products and new features that are laser focused on addressing the needs of our customers.” Founded in 2002, Monet Software is a global provider of cloud-based workforce optimization (WFO) solutions for small and medium-sized contact centers. Monet pioneered cloud-based WFO, and we’re looking forward to supporting Chuck and the team expand their product, partnerships, and services over the coming quarters to extend their lead in innovation.
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