Tech Company Financing Transactions
Simplus Funding Round
Simplus, operating out of Salt Lake City, scored $17.8 million from Cross Creek Capital, EPIC Ventures and Salesforce Ventures.
Transaction Overview
Company Name
Announced On
12/4/2017
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$17,800,000
Round
Series B
Investors
Proceeds Purpose
A portion of the $9.3 million equity infusion was used to acquire CRM Manager, Simplus' fourth Salesforce partner acquisition since receiving Series A funding in Q3 2016. This new acquisition continues the company's expansion trend, which began earlier this year with the purchase of BaldPeak, Basati and EDL Consulting.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
10 West Bdwy. 500
Salt Lake City, UT 84101
USA
Salt Lake City, UT 84101
USA
Phone
Website
Email Address
Overview
The Simplus story begins with the idea that something powerful doesn't have to be complicated. We looked at the processes, workflows, and programs we used in our own business and felt the same pain that many of you feel right now.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ryan Westwood
Chief Financial Officer
Paul Fletcher
Chief Operating Officer
Isaac Westwood
VP - Bus. Development
Tanner Ainge
VP - Bus. Development
Lance Evanson
VP - Client Services
Kyle Hanagarne
VP - Customer Service
Gilles Muys
VP - Human Resources
Richard Stack
VP - Marketing
Amy Cook
VP - Sales
Michael Lockert
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Where The Data Comes From
We record tech company VC transactions. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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