Industry & Business

Dublin-based SaaS company gets snapped up for $13 million

 Breaking News
  • OPW Prepared For No Deal Brexit “If there is a ‘crash-out’, we will be ready. We are working 24/7,” said Maurice Buckley (pictured), Chairman of the Office of Public Works (OPW) and Vice President of Engineers Ireland, about preparations for installing infrastructure at ports and airports in the event of a ‘no deal Brexit’. “Eighteen separate construction projects are now underway [...]...
  • Irish Builders Face Cost Hikes in UK Materials The vast majority of building materials used in the Irish construction sector are either sourced in the UK or enter Ireland through international distributors in Britain and represent a major risk for the industry, according to executives at the recent National Construction Summit in Citywest, Dublin – writes John Whelan (pictured above). And a huge majority of [...]...
  • Marketing Campaign Worth €1.2 Million Unveiled by Guaranteed Irish Guaranteed Irish, the not-for-profit business membership organisation championing 600+ homegrown and international businesses in Ireland, has unveiled a new marketing campaign worth €1.2 million, aimed at showcasing its members’ success. The campaign has been launched to coincide with Guaranteed Irish Month, an annual event running throughout March that shines a spotlight on businesses in Ireland [...]...
  • Jameson Enters the Top 10 Premium Spirits Brands in the World List Jameson Irish whiskey, which is produced by Irish Distillers at Midleton Distillery in Cork, has entered the top 10 of IMPACT magazine’s annual ‘Top 100 Premium Spirits Brands Worldwide’ list for the first time ever, after increasing sales 10% to a record 7.5 million nine-litre cases in 2018. In addition, Jameson scored its 18th consecutive year [...]...
  • Growth in Demand For Waste Handling Equipment Expected Sales of waste handling and processing equipment are conservatively expected to increase by 5% to 10% annually in unit terms over the next decade, and possibly beyond, according to a study being conducted by leading Birdhill and Rathcoole-based plant and equipment distributor, McHale Plant Sales. Conscious of the growing importance of waste management, and of the [...]...

Dublin-based SaaS company gets snapped up for $13 million

Dublin-based SaaS company gets snapped up for $13 million
November 09
14:12 2016

CallidusCloud has announced that it has acquired Datahug Limited, a SaaS predictive forecasting and sales analytics company.

“There are more than 50 million companies in the world. They all want better sales forecasting. Datahug’s unique, patented technology delivers rich, predictive analysis of sales pipelines in a visually stunning way. Being able to better predict the outcomes of sales cycles and identify the right sales opportunities means big value for our Lead to Money customers,” said Leslie Stretch, president and CEO, CallidusCloud. “Their fast and easy to use solution leverages CRM, Commissions, CPQ, Service and Customer Feedback data sources to bring forecasting to life in a practical way that is easy to understand and visualize.”

“CallidusCloud brings a wealth of experience in our target markets and a loyal customer base who will be keen to tap into the value of Predictive Analytics that accelerate sales,” said Ray Smith, co-founder and CEO, Datahug. “We’re looking forward to working with the team to deliver unique value to the large addressable market for sales force automation and acceleration.”

“Datahug, headquartered in Dublin, Ireland, will form the CallidusCloud Predictive Analytics, AI and Machine Learning innovation center. We are super excited to welcome a talented team of engineers and entrepreneurs to join us in our mission to become a top 5 cloud company,” continued Mr. Stretch.

Customers of Datahug’s predictive forecasting technology include great companies like Nitro, Instructure, G2 Crowd, McCann Fitzgerald and Scottish Equity Partners.

The acquisition price was $13 million in cash.

About Author

admin

admin

Related Articles

New Subscriber

Subscribe Here



Advertisements





















National Manufacturing Conference & Exhibition 2018

NIBRT Springboard Success Stories



Upcoming Events

  • No upcoming events
AEC v1.0.4