- Source: Certinia
Certinia, until 2023 known as FinancialForce.com, Inc. is a software company headquartered in San Jose, California, that provides enterprise resource planning (ERP) software based on the Salesforce Platform. The ERP software includes accounting, billing, professional services automation, revenue recognition, human resource management, and supply chain management applications.
History
CODA was a UK software company that was founded in 1979 and acquired by UNIT4 in 2008 for around 213 million euros.
FinancialForce was established as a joint venture between Salesforce and UNIT4 in September 2009, which incorporated the Coda 2go software that was originally launched in December 2008. As of March 2019, 40% of the shares are owned by Salesforce and 60% by UNIT4. Het Financieele Dagblad estimated the value of the company at around 500 million euros, based on the 2019 annual report.
In March 2015, the company received $110M in funding from Technology Crossover Ventures and Salesforce Ventures. In January 2017, FinancialForce appointed former Salesforce and Heroku executive Tod Nielsen as CEO and President.
On May 3, 2023, the company FinancialForce.com Inc. was renamed to Certinia.
On July 26, 2023, an investment group led by private-equity firm Haveli Investments purchase Certinia for nearly $1 billion, including debt.
References
External links
Official website
FinancialForce, former official website at the Wayback Machine (archived 2022-03-07)
CODA 2go, former official website at the Wayback Machine (archived July 4, 2008)
