Centage of Natick receives capital boost
Centage Corporation, a Natick-based provider of budgeting and forecasting software, has received a second round of debt funding from the Massachusetts Growth Capital Corp.
“As a rapidly growing company, in a burgeoning market, we are grateful for the ongoing support of MGCC to support our momentum,” said Barry Clapp, president and COO, Centage. “The additional investment will allow us to create new jobs in Massachusetts as we develop innovative products including a cloud computing offering and expand into new markets.”
Centage said the investment was made after a successful second quarter for the company. The additional investment from MGCC will allow funds to be directed toward continued product development, including the creation of additional engineering and customer support jobs, marketing of new products, and support of ongoing growth plans.
The MGCC is a state-approved agency that helps small businesses create jobs by providing greater access to capital.
WBJ Web Partners
Most Recent
Most Recent
0 Comments