A Hub-based IT startup said it will use a recent seven-figure investment to increase its sales and delivery teams while also creating tools designed to "augment" the capabilities of ServiceNow's software-as-a-service platform.
Acorio, which launched six months ago, plans to expand its employee headcount to 100 people nationally over the next 18 months, President and CEO Jim Lampert told the Herald.
ServiceNow, an enterprise IT cloud company based in San Diego, was the first technology company taken public by Morgan Stanley after Facebook.
"We're very honored to have the partnership we have with ServiceNow," said Lampert, 48, an EMC veteran. "We want to be able to apply services and, in some cases, unique technologies to make that platform even better."
Lampert added Acorio's proprietary POWERBooster tools are designed to help Fortune 2000 clients implement and integrate ServiceNow's platform faster and more efficiently into their own enterprises or connect the same platform with a human resources SaaS platform like Workday.
"One of the big challenges right now organizations have is they have a lot of disparate cloud platforms within enterprises," Lampert said. "If we can help our clients connect (ServiceNow's) platform to some of their other cloud platforms to help the overall enterprise become more efficient, more agile and more automated, there's a significant value there."
The company secured its first round of funding from Momentum Equity Partners, whose chairman, Frank Selldorff, founded the startup.
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