Thursday, July 3, 2008

DAXKO's services help customers realize significant return on investment by achieving operational efficiencies while focusing on growth strategies

What Company Is Offering:

DAXKO's services help customers realize significant return on investment by achieving operational efficiencies while focusing on growth strategies. DAXKO's services include DAXKO Operations, DAXKO Accounting, and MobileFit.


How Much They Got From VCs:

DAXKO, Inc., a leading provider of on-demand software to nonprofits, today announced that the Company has received $7.75 million in expansion funding from Frontier Capital. Frontier is a private equity firm providing growth equity to business services companies.

DAXKO provides operations and financial management software for nonprofits, with a particular focus on YMCAs. Customers rely on DAXKO's solutions to service members, raise money, register for programs, manage finances, and process funds. With its proven on-demand solutions, DAXKO has become the leading software provider to the YMCA Movement, servicing a third of the nation's 2,600 YMCAs. Frontier's investment will support expansion of sales and marketing resources and enhancement of the company's proprietary suite of operations and financial management software solutions.

More at:http://www.daxko.com/

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