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Australian Startup expanz raises $1 million

By Gareth Rose on Wednesday, December 1st, 2010

expanzIPitch Startup expanz has received $1 million in funding from venture capitalist Roger Allen. With his background in Enterprise Software, Allen’s could easily see the productivity and portability benefits of expanz’s application framework and liked that “they have customers who pay them money today.”

The fact that expanz actually use their own platform to build and support their own ERP application was another factor along with expanz’s focus on cloud computing. “With the industry shift to cloud computing, which I think will be a profound long term trend, I see the next big opportunity as application platforms as a service and expanz has the technology to do well in this large global market.”
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