Unleashed CEO Gareth Berry said the additional funds serve as a platform for growth for the 2016 fiscal year, and “now it’s all about executing on our product roadmap, as well as our marketing, channel and influencer programs and campaigns”.
“This will help us win further market share in Australia and New Zealand, and extend our reach to the United States and soon, the United Kingdom.”
Berry said existing investor Craig Winkler, founder of MYOB, was amongst backers of the new capital raising.
Berry said this latest round of capital raising follows a successful six months during which Unleashed employed its first US staff, appointed a new Chief Technology Officer, Lisa Miles-Heal and Chief Marketing Officer, Anthony Mordech, and launched its integration with Intuit’s QuickBooks Online business and financial management software.
And, he notes that the company was also recently named finalist for the NZ Hi-Tech Emerging Company of the Year Award and Manufacturer’s Monthly Endeavour Award in the application category.