Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.
Go Daddy acquires cloud-based accounting software Outright
Posted on 19-Jul-2012 11:12. | Tags Filed under: News.



Go Daddy has announced its purchase of Outright, a cloud-based financial management application company based in Mountain View, Calif. Financial terms were not disclosed.

Created to provide an alternative to the frustrating and hard-to-maintain spreadsheets currently used by most small businesses, Outright’s mission is to provide small business owners simple, data-driven and community-enabled business management applications.

Serving more than 200,000 customers, mostly small businesses and entrepreneurs, Outright provides a finance application that automates small-business accounting tasks by organizing them effectively and efficiently. The Web and mobile application imports data from popular marketplaces, such as PayPal, eBay, Amazon and Etsy, as well as bank accounts and credit cards.

“This is a great fit for our customer base,” said Go Daddy CEO Warren Adelman. “Outright.com has built easy-to-use software that streamlines the work involved with running a start-up or small business … the taxes, income, profits, expenses and other financial data that can be an administrative distraction for business owners. As an entrepreneur, if you’re not worried about managing finances for hours every month, you can devote more time to building your business. We see this as an ideal extension for our suite of small business products, which are all geared toward helping businesses grow bigger.”

“We believe our customers benefit because of the range of Go Daddy products and services designed explicitly for small business owners,” said Steven Aldrich, who has led Outright over the last year as CEO. Aldrich is now Go Daddy’s Senior Vice President of Applications. “Joining Go Daddy feels like a move that was just meant to be. We are combining forces with a company that has built a billion dollar business with the simple idea of providing great products and a brand of service that delights customers.”

Aldrich along with all of his Outright colleagues, including co-founder Ben Curren, are joining Go Daddy and will remain anchored in Silicon Valley.

“We had a lot in common with Go Daddy from the start,” said Curren. “We both prioritize customer support, value-rich technology and entrepreneurship. We are both committed to helping small businesses grow. We believe the small business financial management market is ripe for innovation because it has historically been underserved and overpriced.”

Curren left his job at Intuit in 2006 to start his own business. He quickly discovered how time-consuming financial management was for a business owner and went to work to build the automated software application that became Outright.

"I have a pretty busy life, and it was hard for me to always keep track of my income and expenses," said Outright customer Natalie Rustigian, who owns Superstar in Disguise, an online clothing store. "With Outright, I automatically know my profit and it has a list of all my transactions, along with charts, that allow me to see how much I spend on things."


More information: http://www.Outright.com...

comments powered by Disqus




Trending now »

Hot discussions in our forums right now:

NZ Prime Minister John Key Resigns
Created by ajobbins, last reply by gzt on 7-Dec-2016 22:36 (190 replies)
Pages... 11 12 13


Wilson's Car Park - When Free is not free
Created by nzkiwiman, last reply by benokobi on 7-Dec-2016 21:48 (33 replies)
Pages... 2 3


The President Of The USA - Who do you think?
Created by TimA, last reply by Fred99 on 6-Dec-2016 14:57 (899 replies)
Pages... 58 59 60


Dishwasher not Working Properly
Created by tdgeek, last reply by mdav056 on 5-Dec-2016 20:18 (28 replies)
Pages... 2


What the F is the deal with lotto?
Created by Rikkitic, last reply by Pumpedd on 7-Dec-2016 23:20 (20 replies)
Pages... 2


Spark not planning to deploy native IPv6 at all. Ever.
Created by Erayd, last reply by sbiddle on 7-Dec-2016 20:57 (19 replies)
Pages... 2


'Quality' NZ news on the way?
Created by Rikkitic, last reply by alasta on 4-Dec-2016 09:49 (91 replies)
Pages... 5 6 7


JB Hifi Cost & GST Sale - 7th Dec
Created by Finch, last reply by Kopkiwi on 7-Dec-2016 15:11 (16 replies)
Pages... 2