Razorsight Corporation is the market leader in on-demand financial business intelligence solutions got VCs funding

What Company Is Offering:
Razorsight Corporation is the market leader in on-demand financial business intelligence solutions for communications, media and entertainment companies. Razorsight’s Software-as-a-Service (SaaS) solutions automate payables processes with zero touch by eliminating all manual processes and paper, while providing automated workflow and powerful auditing and analytics of cost and revenue data. Razorsight’s solutions ensure that Communications Service Providers (CSPs) maximize their Network Cost Score ™ - a unique performance metric created by Razorsight to benchmark how CSPs balance the blend of internal staff costs, systems and third party providers to obtain the lowest possible network costs.

How Much They Got From VCs:

Razorsight Corporation, the market leading provider of on-demand financial business intelligence solutions for communications, media and entertainment companies, today announced that Sierra Ventures has invested an additional $9 million in the company. The proceeds will be used to expand Razorsight’s innovative product set, accelerate the company’s international expansion, which is underway as a result of two major European carrier wins, and to support strategic global alliances.

Razorsight’s solutions ensure that Communications Services Providers (CSPs) maximize savings from network cost management while minimizing the cost of doing so. Razorsight enables service providers to realize the highest return on investment by optimizing the investment in internal staff, systems and third party service providers to achieve the maximum Network Cost Score™ - a unique performance metric created by Razorsight to quantify, benchmark and improve network cost management efficiency. Leading CSPs have generated hundreds of millions in savings, and maximized their Network Cost Score™ using Razorsight’s solutions such as AIM Capture and AIM Analytics. Razorsight’s solutions allow CSPs to gain 100 percent visibility into detailed cost data with zero touch, thereby automating critical processes that were previously arduous and manual. In addition, powerful reporting and executive dashboards allow financial executives to analyze significant cost, revenue, inventory and variable cost data in unique and meaningful ways for strategic business initiatives including network engineering, market, product and customer profitability analysis and quarterly financial reporting.

More at:www.razorsight.com.