Big Machine, Inc. A global leader in cloud-based product configuration, pricing, quotes and proposal generation, B2B today announced that it has secured additional capital to further build its product portfolio and expand its market leadership and technology in configuration, pricing and quotation (CPQ) Returning investors Vista Equity Partners and JMI Equity joined the new sales force of the investor. Come in the round The transaction is scheduled to close in approximately 30 days and will be subject to the usual closing conditions.
BigMachines delivers cloud-based solutions that help Sell More and Sell Faster companies BigMachines’ award-winning software allows customers to easily configure, price & quote their complex products, allowing sales professionals to spend more time selling orders and less time processing orders. With BigMachines, customers not only increase sales by spending more time with customers and optimizing cross-selling opportunities, but also save money by eliminating costly proposition errors and reducing sales training costs. For the fourth consecutive year, BigMachines landed on the “Inc 5000 list of fastest growing companies” and was also voted Best Quoting & Orders App by Salesforce AppExchange customers.
“Last year was a record year for us, with 55% revenue growth, 55 new customer gains and record profitability,” said David Bonnette, President of BigMachines. “We’re on track for another record year in 2012, and we see this investment as a tremendous opportunity to expand our market leadership position, expand our product portfolio and continue our mission to deliver unparalleled customer success through our best-in-class products and services. “That’s right.
“This is a very exciting time for BigMachines as it continues to deliver outstanding business results,” said Alan Cline, Principal and Co-Chief of the Vista Equity Partners Foundation Fund and the BigMachines Board Member “We are witnessing a change in the way companies approach their front-end sales strategies, and BigMachines is at the forefront of this transformation. BigMachines has established itself as a clear leader in the fast-growing CPQ market and is causing businesses of all sizes and sizes to rethink their sales strategies to drive consistency across the sales force while increasing revenue capturing opportunities. With this investment, BigMachines will be even better positioned to extend its leadership position to capitalize on the massive and under-exploited opportunities on the market. “That’s right.
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Big Machines
BigMachines is the global leader in enabling B2B sales, helping companies to sell more and sell faster. BigMachines’ award-winning on-demand configurator, pricing and quote, proposal generator, and B2B eCommerce software solutions empower sales across customer channels by streamlining their sales processes from opportunity to order. Using BigMachines software, sales teams and channels can quickly configure products, generate quotes and proposals, manage complex pricing, create legal contracts and manage orders. BigMachines offers extensive reporting capabilities and is easily integrated into leading CRM and ERP systems. BigMachines’ rapidly growing customer base includes global leaders like Siemens, Ingersoll Rand and NTT Communications. Visit
