SaaS Capital Portfolio Company, Graduway, Secures $12.7 Million in Series B Funding
December 8, 2017
CINCINNATI, NEW YORK, SEATTLE, December 08, 2017 – SaaS Capital, the leading provider of Committed Credit Facilities to SaaS companies, congratulates portfolio company Graduway on its $12.7 Million in Series B Funding from Susquehanna Growth Equity.
Graduway, the premier provider of alumni software, had the following to say about the investment:
“We are delighted to be working with Susquehanna Growth Equity to continue our transformation of the alumni software market,” said Daniel Cohen, Founder and CEO of Graduway. “This new growth funding will enable Graduway to accelerate our clear strategy of developing cutting-edge alumni software and deepening our relationships with customers, increasing our market share and reaching new markets and geographies.”
Headquartered in the U.K. with operations in the U.S. and Israel, Graduway is trusted by 500+ education institutions and non-profits, including UCLA, Johns Hopkins University and the University of Oxford, to manage their online alumni career communities. The company’s SaaS platform is simple to set up, available on all devices, easy to manage, and truly engages alumni. With the anchor investment from SGE, the company plans to invest in product development, expand its U.S. office and make significant hires across every business function.
Graduway is a leading provider of alumni software. Founded in 2013, Graduway’s software provides an easy and simple way for institutions to engage their alumni, students, and supporters through a powerful platform – enabling them to connect with each other. Graduway is also recognized as a thought leader in alumni relations through its conferences, blogs, and books. Graduway has 500+ clients and operates in more than 40 countries. Visit www.graduway.com to learn more.
About SaaS Capital
SaaS Capital is the leading provider of long-term Committed Credit Facilities to SaaS companies. Focusing exclusively on the SaaS business model, SaaS Capital delivers faster decisions, more capital, and longer commitments. SaaS businesses have used SaaS Capital’s Committed Credit Facilities, instead of equity, to finance growth and create hundreds of millions of dollars in enterprise value without sacrificing significant ownership or control. Also, through its partnership with DH Capital, a boutique investment banking advisory firm, SaaS Capital can assist with M&A and capital raising services. SaaS Capital has offices in Cincinnati, New York, and Seattle. Visit www.saas-capital.com to learn more.
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