SaaS Capital, the leading provider of Committed Credit Facilities to SaaS companies, today announced that it has provided a $2 million line of credit to Graduway.
“We are delighted to be joining the highly successful SaaS Capital family,” said Daniel Cohen, Founder and CEO of Graduway. “This new growth funding will provide Graduway the power to drive our clear strategy of developing leading-edge, next-generation products, deepening our relationships with customers, increasing our market share and reaching new markets and geographies.”
With headquarters in the U.K. and operations in the U.S. and Israel, Graduway is proven and trusted by 400+ education institutions and non-profits, including UCLA, Johns Hopkins and the University of Oxford, to manage their online alumni career communities. The company’s SaaS platform is simple to set up, available on all devices, easy to manage and offers alumni exclusive opportunities.
“This is an incredibly driven management team, and we are fortunate to have connected with them,” said Todd Gardner, Founder and Managing Director of SaaS Capital. “They are so focused on serving their customers with great products and support, that they have quickly become the market leader in alumni engagement.”
Read more at SaaS Capital