Ottawa-based ProntoForms has entered into a new financing deal with BDC Capital.
Ottawa-based ProntoForms says it saw a big increase in recurring revenue over the past year, but the company’s losses were up as well.
Fresh off being named one of Ottawa’s fastest-growing companies for 2016 by OBJ, it looks as if ProntoForms is showing no signs of slowing down.
ProntoForms increased investment last year in sales and channel partner support was reflected in its 2015 year-end numbers, CEO Alvaro Pombo said Thursday.
Ottawa-based ProntoForms announced Tuesday it has appointed Mansell Nelson its new senior vice-president of business development.
ProntoForms needed capital to grow, but didn’t want to dilute existing shareholders by selling equity.
Ottawa-based ProntoForms posted third quarter recurring revenue 72 per cent higher than the third quarter of 2014, its CEO said Wednesday.
Ottawa-based ProntoForms announced this week it had raised $3 million through private placement financing from a series of underwriters as well as certain “insiders of the company.”
Accolades, high-profile relationships and increased revenue were some highlights of the first quarter for Ottawa-based ProntoForms, CEO Alvaro Pombo said Thursday.
Recurring revenue continued to rise for Ottawa-based ProntoForms in 2014, according to year-end results released Friday.