Rand Capital Portfolio Company, Knoa Software, Achieves Record Cloud Revenue in 2017
Rand Capital Corporation - Closed End Fund (RAND)
US:NASDAQ Investor Relations:
ir.randcapital.com
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Source: Business Wire
Increased cloud-based revenue by more than five times and nearly doubled on-premise revenue Knoa’s proprietary software used in multiple successful migrations to SAP S/4HANA® and SAP Fiori® BUFFALO, N.Y.--(BUSINESS WIRE)-- Rand Capital Corporation (NASDAQ: RAND) (“Rand”), a venture capital company which invests in growth businesses with unique product, service or technology concepts, reported that one of its portfolio companies, Knoa Software, Inc., announced that it achieved record Cloud revenue in 2017. Specifically, the company increased its cloud-based subscription service revenue by more than five times and also nearly doubled its perpetual license revenue, compared with 2016. Knoa Software is a leading provider of user experience management (“UEM”) software. The 2017 revenue growth was driven by a record number of new customers in the Asia-Pacific market,
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- 3/13/24 - Form 4
- 3/8/24 - Form 4
- 3/5/24 - Form 10-K
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