It was nearly a year ago that SohoOS announced a second round of financing to the tune of $8M. The company has since been quiet on the PR front, so I I decided to check in with Ron Daniel (CEO) to see why.
The one-word answer: Growth. Micro-businesses using the platform have exploded to 940,000, with 1500 being added every day.
Let me jot your memory: SohoOS offers a collection of business… → Read More
A year ago, Mangrove Capital Partners invested $1.75 million in SohoOS and its small-business management service. Today the company is announcing that Morgenthaler Ventures is leading a second round of financing to the tune of $8 million (it’s also the firm’s first investment in an Israeli-based startup). All existing investors, including Mangrove Capital Partners, Kima Ventures and The Time are… → Read More
SohoOS is on a tear. Users are growing at a rate of 30% month-over-month, just recently shooting past 400,000. And soon, the company will make a hard bet on a brand-new design — a complete revamp — aimed at singeing it into the backbone of the small businesses it serves.
Some background: SohoOS offers small businesses a utility suite of applications, for example, invoicing, CRM, and inventory… → Read More
It looks like Mangrove Capital Partners believes in the business opportunity held in helping small businesses, do more, well, business. The Luxembourg-based venture capital firm has invested $1.75M in SohoOS to further propel the company’s small business management suite. Michael Jackson, previously COO of Skype, will take a board seat.
The concept behind SohoOS’s offering is to put business… → Read More
A couple of months ago we first covered Soho OS, describing its offering as a soup-to-nuts “hybrid of Quicken + Zoho + SalesForce”. Today, the company is announcing that it has secured $1 million in funding from The Time. This is on top of the $250K the company had raised in its pre-seed round.
In our initial post, the company offered 1000 beta invites to TechCrunch readers, and in response, 7000… → Read More
If you are a regular TechCrunch reader, describing a product as a SaaS hybrid of Quicken + Zoho + SalesForce, would paint a fairly clear picture in your mind of the product. And this is pretty much what Soho OS is. Thing is, the odds that their target user bases, small and micro-business, are regular TechCrunch readers, are slim.
But let’s push the ‘how to succinctly describe the offering’ issue… → Read More
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