Rapidly expanding New Zealand cloud based company Unleashed Software has boosted its entry into the UK market with a fresh capital injection of $3 million from both existing and new investors.
Founded in 2009, the innovative Software as a Service (SaaS) startup already has international presence in major markets like United States and Australia, and has recently announced the opening of its UK office fresh off the back of its latest successful capital raising round.
The company has recently been listed in the prestigious Tech Pioneers Top 50, cementing its reputation as an industry leader in software as a service space.
Unleashed Software CEO, Gareth Berry commented on the move as the company’s commitment to its already established UK customer base. “We’ve built up an amazing client base from afar and have been servicing our customers as best we can from the other side of the world, but given the enormous uptake in our cloud inventory management solution, we simply had to make the move and put local people in-market to service clients and partners locally.”
Berry is confident that the new capital infusion will enable the SaaS provider to accelerate its growth in established markets, gain entry into new untapped markets and fuel the growth and development of its product. “We’ve been fueling our expansion while growing our product, and this capital investment will enable us to accelerate those efforts substantially. We can now support our customers on an international scale – whether they are in wholesale, manufacturing or distribution.”
“The United Kingdom presents a significant opportunity for us. We’ve been global from day one, and the UK has always been a strong market for us as we service traditional manufacturing and wholesale-distribution clients that the UK economy has fostered for many years,” Berry concluded.
Stephen Jones heads Unleashed’s efforts to help UK businesses grow and achieve operational efficiency Unleashed Software’s UK office is located in Bristol.