Be the first to like this
Acumatica’s ample on hand cash gives them the ability to fuel growth. This includes strategic investments in R&D and simultaneously expanding its global reach in sales with increasing partner value added relationships (VAR). Since last round of funding in 2014, bringing the total to $30MM. Additional needs are satisfied with cash is generated from operations combined with partnership deals with German software vendor Lexware and an updated agreement with Visma in Northern Europe.