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January 29, 2015updated 21 Oct 2016 5:36pm

UK software firm Kimble secures $1.8m for expansion

Salesforce partner adds to investor base in latest funding round

By Sam

UK firm Kimble Applications secured US$1.8m (£1.2m) in its funding round from existing investors and new backer Sussex Place Ventures, the venture capital arm of London Business School.

The funds will be used for expansion. The Salesforce partner will open a third US office in Boston to add to its presence in Arizona and Utah.

Sean Hoban, CEO of Kimble Applications, (pictured) said: "We’re pleased to have Sussex Place Ventures on board as an investor and their support will be invaluable in helping grow Kimble Applications."

"We have a well established customer base across the world and our third US office will help continuing our growth in this important market."

Barnaby Terry, Managing Partner of Sussex Place Ventures, said: "There are several PSA solutions on the Salesforce platform, but the fact that Kimble is the only one that has been designed at the outset to scale from small to large organizations without the need for customizations really makes it stand out. It offers the best chance to attract the very largest organizations in competitive situations and so accelerate their growth, making Kimble an exciting company to invest in."

Kimble is compatible with the Salesforce platform and was named the most innovative application by Salesforce in 2014

The Boston office will be led by Mark Robinson, Kimble Chief Marketing Officer.

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