DirectScale takes #3 in UVEF’s Kickstart Top 25 Under 5 Awards
The Utah Venture Entrepreneur Forum (UVEF) seeks to recognize the best emerging companies established by entrepreneurs in the state of Utah. The purpose of the event is to promote companies who may become leaders in their fields in the state, the region and globally.
UVEF recognized 25 leading companies in two categories; pre-revenue companies who have an outstanding business model that demonstrates scalability, and revenue companies who are leading in a combination of economic standards including revenue and employee base.
CEO Rodger Smith accepted the award on behalf of DirectScale.
DIRECTSCALE COMPLETES ACQUISITION AND INTEGRATION OF COMMISSIONS PLATFORM
Rounds Out Offering for Direct and Social Selling IndustryRead More
Lindon, UT – February 4, 2016 DirectScale, a cloud-based software platform built to serve the $200B direct and social selling industry, today announced it has completed the acquisition and integration of Pillars Intl, a best-in-class genealogy and commissions solution to round out its product offering. The integration of Pillars makes DirectScale the first company in the industry to offer fully integrated genealogy and commissions, distributor portal, back office, e-commerce, and NetSuite enterprise business automation capabilities in one optimal solution for direct selling companies of any size, from startup to billion dollar international enterprises.
DirectScale has historically provided client and distributor experience layers over the top of other genealogy and commission providers. With this acquisition, DirectScale consolidates the experience into one unified solution that gives clients everything they need. DirectScale?s premiere offering uses current technology and provides a feature set that exceeds the capabilities of competing genealogy and commissions offerings.
Our clients repeatedly tell us that they love the client experience we provide and would prefer to work with us as a single, full-service technology provider rather than having to deal with multiple vendors, said Rodger Smith, CEO of DirectScale.With the acquisition and integration of this technology, we offer the complete solution that the market is asking for and is ready to buy.
DirectScale is uniquely positioned to serve direct and social selling enterprises and to solve one of the most challenging issues they face?scaling their technology. It?s a very exciting time for the entire industry, said Michael Lohner, DirectScale board member and Chairman of Stella & Dot.
Last year, DirectScale announced its partnership with the #1 cloud business management software provider, NetSuite, allowing DirectScale to deliver a complete solution for direct selling corporate operations, including ERP solutions and industry specific add ons (apps/configurations, built by DirectScale) for NetSuite?s industry leading cloud-based ERP platform.
For more information about DirectScale, visit www.directscale.com.
Based in Lindon, Utah, DirectScale is a software solution designed to seamlessly meet the needs of the direct and social selling industry. With a focus on intuitive user-experience and a full suite of cloud-powered business management tools, we are committed to helping organizations drive and plan for growth. Our team?s real world corporate and distributor experience means we truly understand what it takes to succeed.
DIRECTSCALE LAUNCHES NEW PRODUCT, ANNOUNCES PARTNERSHIP AND RAISES $4M IN SERIES A FUNDING
DirectScale Joins NetSuite SuiteCloud Development Partner Program; New Platform Delivers a Tailored Solution to Historically Overlooked Direct and Social Sales IndustryRead More
October 22, 2015 (Lindon, UT) ?? DirectScale, a cloud-based software platform purpose-built to serve the $200B direct and social selling industry, today announced that it has raised $4M in Series A funding, led by Kickstart Seed Fund and NetSuite. Additionally, DirectScale announced the launch of a new business management platform designed to address the challenges of direct and social sales, and the partnership with NetSuite. DirectScale is undertaking huge initiatives to tackle market challenges around direct and social selling for today?s modern businesses that strive to transform traditional sales and grow business.
We are industry veterans who have been in direct sales for more than 15 years, and have had to watch our customers suffer through dated solutions to manage their businesses,? said Rodger Smith, CEO and Co-Founder of DirectScale. ?We know a superior client experience with your software partner can make the difference in your ability to respond to market challenges. So we designed DirectScale to hit all the needs of today?s direct and social sales businesses, with cloud power to easily scale with their success.?
DirectScale?s new product innovation brings unprecedented value to businesses
DirectScale?s new business management platform is designed for and by salespeople to address the specific challenges of direct and social sales, to effectively transform and grow customers? businesses. The company offers APIs for seamless integration into existing company systems and records. The new platform delivers a simple and elegant user experience, through a dashboard that manages sales, inventory, and teams, and provides support for transactions, genealogy, and commissions.
DirectScale features includes:
Series A Funding Secured $4M
The Series A funding from Kickstart Seed Fund and NetSuite will be used for development of existing and new features. This round marks the first Utah-based investment for Netsuite.
DirectScale Partners with NetSuite
In addition to the investment from NetSuite, DirectScale has also become a NetSuite SuiteCloud Developer Network Partner. The partnership will allow DirectScale to build its platform on top of NetSuite, leveraging the agile, and flexible SuiteCloud Development Platform. Additionally, DirectScales customers will have the opportunity to use NetSuites leading cloud business management suite to streamline their business processes from lead to cash, all while gaining the benefits of operational efficiency, reduced IT costs, and hassle free software upgrades.
The social selling market is ripe for disruption and ready for a cloud-based platform to manage business operations, said Jim McGeever, President and COO of NetSuite. A new application built on top of NetSuites platform, with the backing of DirectScale?s experienced management team, will provide businesses in the industry with the agile, scalable, easy to use solution they need to succeed.
The offering that DirectScale is delivering has enormous potential. eCommerce, commissions, and back-office functionality all tied into a common ERP for financials, supply chain management, and inventory management all on a global scale, said Ryan Bovermann, Vice President of Information Technology at Nerium. This could broaden the features and functionality we have already been developing in-house for two years.
For more information and specifics about DirectScale, or to get your demo today, please visit www.directscale.com.
Based in Lindon, Utah, DirectScale is a software solution designed to seamlessly meet the needs of the direct and social sales industry. With a focus on intuitive user-experience, and a full suite of cloud-powered business management tools, we are committed to helping organizations drive and plan for growth. Our experience in software and marketing, from distributor to corporate, means we truly understand what it takes to succeed.
10/28/15Provo’s Directscale launches product; Conservation funding available
DirectScale, a cloud-based software platform built to serve the $200 billion direct and social selling industry, announced that it has raised $4 million in Series A funding, led by Kickstart Seed Fund and NetSuite.Read More
10/27/15Term Sheet — Tuesday, October 27
DirectScale, a Provo, Utah-based cloud software platform for the direct and social selling industry, has raised $4 million in Series A funding from Kickstart Seed Fund and NetSuite.Read More
10/27/15The Daily Startup: Sportradar Attracts Michael Jordan, Mark Cuban
DirectScale Inc., developer of a cloud-based software platform to serve the social-sales industry, has launched a new business platform with a $4 million Series A round. Provo, Utah-based DirectScale said the funding was provided by Kickstart Seed Fund and NetSuite Inc.Read More
10/27/15DirectScale Officially Launched, Announces $4M In Series A Funding
So if you were to design a software-as-a-service solution specifically for the direct sales industry, choosing Utah as your home base would make complete sense, no? That’s what DirectScale has done, announcing both their Series A round and official launch today, fully prepared to show the world they have chosen wisely.Read More
10/27/15DirectScale picks up $4 mln Series A
Thomson Reuters PE HUB
Utah-based DirectScale, a software provider for the direct and social sales industry, has raised $4 million in Series A funding. The investors were Kickstart Seed Fund and NetSuite.Read More
10/27/15DirectScale raises $4M, partners with NetSuite to offer direct sales software
DirectScale offers a suite of business management tools designed for direct and social selling, a $200 billion industry. The offerings include business dashboards and reports, eCommerce, communications, prospecting, training and social.Read More
10/27/15DirectScale Raises $4M in Series A Funding
DirectScale, a Lindon, Utah-based provider of a software platform purpose-built to serve the direct and social selling industry, raised $4m in Series A funding. The round was led by Kickstart Seed Fund and strategic investor NetSuite.Read More
10/27/15DirectScale Scoops Up $4M For Social Selling Software
The company, led by Rodger Smith, develops a software platform specifically aimed at helping salespeople with social sales, providing a business dashboard e-commerce features, email, text, and messaging, and more. DirectScale said the funds will be used for development of existing and new features.Read More
10/27/15DirectScale Scoops Up $4M For Social Selling Software
Lindon, Utah-based DirectScale, a developer of social selling software, said this morning that it has raised $4M in a Series A funding round. The funding was led by Kickstart Seed Fund and NetSuite.Read More
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