Procurify Hooks Investment From Gluster Founder For Cloud Procurement Platform
September 1, 2014
Grazed from Forbes. Author: Ben Kepes.
As organizations get more comfortable using cloud services, there is a corresponding increase in the number of services that not only take an existing process and deliver it via the cloud, but that also take advantage of the fact that business processes are now exposed to derive some insights from the data contained within them.
An interesting example of this is from cloud procurement vendor Procurify. Procurify is a cloud-based procurement software solution that is used to manage both direct and indirect company spending. By exposing these procurement processes, Procurify can deliver some additional value, giving control and visibility of where company money is going in real-time, using simple-to-generate reports and analytics…
The company has recently attracted seed funding from Anand Periasamy, one of the founders of storage vendor Gluster which was itself acquired by Red Hat in 2011 for $136 million…
Read more from the source @ http://www.forbes.com/sites/benkepes/2014/09/01/procurify-hooks-investment-from-gluster-founder-for-cloud-procurement-platform/