Welcome!

CRM Authors: Xenia von Wedel, Ian Khan, PR.com Newswire, Steve Mordue

News Feed Item

DataSync Raises $1.2 Million to Capture Small Business Software Consolidation Market

DataSync Corporation today announced its first round of venture funding, with an infusion of $1.2 million led by members of Rain Source Capital, a respected, early-stage investment group. The new funding will enable the company to expand the services and features of its rapidly growing DataSync Suite for small business, found online at www.DataSyncSuite.com.

With more than three thousand registered small business users today, DataSync is poised for leadership in the emerging software-as-a-service (SaaS) small business marketplace. DataSync is the developer of DataSync Suite™, a small business software platform that integrates core applications including SugarCRM, Quickbooks®, Zimbra® (mail/calendaring) and Drupal® (website management) into an open source software-as-a-service web portal. DataSync Suite leverages the benefits of open software to provide an easy-to-use, single user sign-on, data syncing between applications and a user administration console, all as a cost-effective cloud-based service.

Today, DataSync also announced its partnership with SugarCRM, the open platform on which the DataSync Suite is built: http://www.datasyncsuite.com/media/press-releases/october-6-2009/sugarcrm-partnership.

Through its partnerships, DataSync helps small businesses focus on their customers by connecting email, contacts, calendars, accounting software and websites to a central Customer Relationship Management (CRM) system. The software eliminates dual-entry, simplifies order processing and automates sales processes. DataSync’s entire software suite is a cloud-based service that is accessible from any web browser or mobile device, and can be connected to desktop applications such as Microsoft Outlook. Overall, DataSync Suite eliminates costly and complicated internal IT infrastructure for small businesses and provides them with a single robust software platform on which to run their business.

“The additional funds will enable DataSync to continue to extend integration of key business applications including SugarCRM, QuickBooks, Zimbra and Drupal, while offering a hosted solution aimed at the small business marketplace,” said Mike Vetter, co-founder and CEO at DataSync. “This new financing will enable us to strengthen and expand our infrastructure to support the innovations and features demanded by our rapidly growing user community.”

“I am excited to support DataSync in its efforts to develop a hosted SaaS solution specifically targeting small businesses, because small businesses are having a very challenging time of managing and integrating today’s rapidly changing software and IT services,” stated Craig Anderson, Chairman at DataSync. “DataSync has proven it can meet the growing demand for integrated small business software by assembling over three thousand users in a relatively short period of time. The Board is confident that the DataSync management team has the passion and experience needed to propel DataSync into a leadership role in the small business SaaS market.”

About DataSync

DataSync Corporation was launched in 2005, and is focused on delivering open source small business consolidation software. In 2009, DataSync released its flagship product, DataSync Suite™, to a large audience of developers and businesses. The company now has thousands of users around the world, and has built a global partner network providing services and solutions based on DataSync Suite™.

For more information visit DataSync at http://www.datasyncsuite.com.

These materials contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including statements regarding but not limited to expected financial results and financing plans, market size and growth, and company strategy. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ materially from those indicated in such forward-looking statements, including, but not limited to, risks that our products may not receive the level of market acceptance anticipated, anticipated funding may prove to be unavailable, we may not be reimbursed for a sale or reimbursed at a price favorable to us, or intense competition may harm our results and general economic conditions change in a way that is not favorable. This list of factors is not exclusive. Accordingly, actual results or performance may differ significantly, both positively and negatively from forward-looking statements. DataSync Corporation assumes no obligation to update any forward-looking statement contained in this press release.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

IoT & Smart Cities Stories
Poor data quality and analytics drive down business value. In fact, Gartner estimated that the average financial impact of poor data quality on organizations is $9.7 million per year. But bad data is much more than a cost center. By eroding trust in information, analytics and the business decisions based on these, it is a serious impediment to digital transformation.
We are seeing a major migration of enterprises applications to the cloud. As cloud and business use of real time applications accelerate, legacy networks are no longer able to architecturally support cloud adoption and deliver the performance and security required by highly distributed enterprises. These outdated solutions have become more costly and complicated to implement, install, manage, and maintain.SD-WAN offers unlimited capabilities for accessing the benefits of the cloud and Internet. ...
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
SYS-CON Events announced today that Silicon India has been named “Media Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Published in Silicon Valley, Silicon India magazine is the premiere platform for CIOs to discuss their innovative enterprise solutions and allows IT vendors to learn about new solutions that can help grow their business.
DXWorldEXPO LLC announced today that "IoT Now" was named media sponsor of CloudEXPO | DXWorldEXPO 2018 New York, which will take place on November 11-13, 2018 in New York City, NY. IoT Now explores the evolving opportunities and challenges facing CSPs, and it passes on some lessons learned from those who have taken the first steps in next-gen IoT services.
SYS-CON Events announced today that CrowdReviews.com has been named “Media Sponsor” of SYS-CON's 22nd International Cloud Expo, which will take place on June 5–7, 2018, at the Javits Center in New York City, NY. CrowdReviews.com is a transparent online platform for determining which products and services are the best based on the opinion of the crowd. The crowd consists of Internet users that have experienced products and services first-hand and have an interest in letting other potential buye...
Founded in 2000, Chetu Inc. is a global provider of customized software development solutions and IT staff augmentation services for software technology providers. By providing clients with unparalleled niche technology expertise and industry experience, Chetu has become the premiere long-term, back-end software development partner for start-ups, SMBs, and Fortune 500 companies. Chetu is headquartered in Plantation, Florida, with thirteen offices throughout the U.S. and abroad.
SYS-CON Events announced today that DatacenterDynamics has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY. DatacenterDynamics is a brand of DCD Group, a global B2B media and publishing company that develops products to help senior professionals in the world's most ICT dependent organizations make risk-based infrastructure and capacity decisions.
DXWorldEXPO LLC announced today that All in Mobile, a mobile app development company from Poland, will exhibit at the 22nd International CloudEXPO | DXWorldEXPO. All In Mobile is a mobile app development company from Poland. Since 2014, they maintain passion for developing mobile applications for enterprises and startups worldwide.
Nicolas Fierro is CEO of MIMIR Blockchain Solutions. He is a programmer, technologist, and operations dev who has worked with Ethereum and blockchain since 2014. His knowledge in blockchain dates to when he performed dev ops services to the Ethereum Foundation as one the privileged few developers to work with the original core team in Switzerland.