TimeTrade® Systems (www.timetrade.com), the world leader in online appointment scheduling announced today the completion of a $5.6M financing round, led by Ascent Venture Partners with participation by CommonAngels and other returning investors. The round included the conversion of $1.7M in convertible notes issued in December 2009.
The financing will accelerate TimeTrade’s product line expansion and to build out its sales and marketing teams. In August 2010, the Company shipped its new TimeTrade Workgroup Edition product as part of the expansion of its Appointment CRM™ strategy. TimeTrade supplies appointment-scheduling applications and SaaS platform services to a worldwide client base of customer-centric companies including Best Buy, Coldwell Banker, Sears, and Sprint; as well as education and government leaders like the Mayo Clinic and the U.S. Department of Homeland Security...READ MORE