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Bluenose Analytics Secures $10M to Help Businesses Reduce Customer Churn & Drive Revenue

San Francisco, CA (PRWEB) December 11, 2013

Bluenose Analytics today announced it has secured $ 10 million in venture funding from The Social+Capital Partnership and Norwest Venture Partners (NVP). The funding includes a two million dollar seed investment led by The Social+Capital Partnership and an eight million dollar Series A led by NVP.

With a successful beta launch earlier this year, Bluenose will leverage the investment to continue expanding the capabilities of its platform, including deepening its predictive analytics. Bluenose is also deepening its executive team with thought leaders to drive content focused on customer retention best practices.

“For companies with recurring revenue models, customer churn is the number one threat to success and sustainability,” said Jeffrey M. Kaplan, managing director of THINKstrategies, Inc. and founder of the Cloud Computing Showplace. “Businesses need a powerful analytics platform to make the most of the growing amount of data they can collect about their customer base and turn it into additional revenue-generating outcomes.”

Built from the ground up by software-as-a-service experts, the Bluenose Analytics platform helps companies identify customer issues early, including the drivers of churn. By combining business intelligence and automated customer engagement, Bluenose pinpoints at-risk customers and opportunities to up-sell at every stage in the lifecycle.

“We invested in Bluenose early on – when it was Don, Todd, and a value proposition that resonated with us,” said Mamoon Hamid, general partner at The Social+Capital Partnership. “One of the biggest challenges that businesses face is identifying at-risk customers who are likely to churn versus happy customers who are likely to buy more. Bluenose is addressing this opportunity by providing actionable insights to businesses so they can further delight their customers with the right products and features.”

“With an impressive team and deep analytics expertise, Bluenose is the company to help businesses finally realize the power of big data for improving and retaining customer relationships,” said Matthew Howard, managing partner, NVP. "This investment reinforces our continued focus on cloud-based technologies that drive better business practices and more opportunities for growth.”

“Bluenose is in a very unique position, thanks to the support of two of the most successful and forward-thinking SaaS investors in the industry,” said Don MacLennan, founder and CEO of Bluenose Analytics. “NVP and Social+Capital have a record of working with innovators who have changed an industry landscape - which is exactly what Bluenose intends to do for customer analytics.”

With this investment, Mamoon Hamid and Matthew Howard have joined the Bluenose Analytics board of directors.

About The Social+Capital Partnership

The Social+Capital Partnership ("Social Capital") is a partnership of philanthropists, technologists and capitalists utilizing venture capital as a force to create value and change on a global scale. The Partnership is based in Palo Alto, California and is on the web at

About Norwest Venture Partners

Norwest Venture Partners (NVP) is a multi-stage venture capital and growth equity investment firm that has partnered with entrepreneurs to build great businesses for more than 50 years. The firm manages over $ 3.7 billion in capital and has funded more than 500 companies since inception. Headquartered in Palo Alto, Calif., NVP has subsidiaries in Mumbai and Bengaluru, India and Herzelia, Israel. NVP makes early to late-stage venture and growth equity investments across a wide range of sectors including: technology, information services, business services, financial services, consumer products/services and healthcare. For more information, please visit Follow NVP on Twitter @NorwestVP

About Bluenose Analytics

Bluenose provides a customer success platform for software-as-a-service businesses to increase revenue, using predictive analytics to engage at-risk customers and identify drivers of churn. For more information, visit


Inaugural AIIM Trendscape Report Highlights A Cloudy Future For Businesses

Silver Spring, MD (PRWEB) September 11, 2013

Citing a need for better insight into core industry issues, AIIM has issued its inaugural AIIM Trendscape report titled Content in the Cloud. Each quarter a new Trendscape report will tackle questions surrounding important issues for senior business leaders. Todays report emphasizes that business leaders are apprehensive about using cloud computing, yet at the same time they are eager to embrace the technology. The report states that adopting cloud computing technology is seen as a way to provide support for mobile applications and devices, and help promote the bring-your-own-device (BYOD) to work philosophy.

The Trendscape is a new model designed to help senior executives set aside the hype and gain a better understanding of key issues that are driving todays business environment. Each Trendscape report will examine an important industry issue, discuss insights from AIIMs global Executive Leadership Council, and outline ideas and questions for business leaders to consider. The Trendscape is divided into four sections that highlight priorities, potential outcomes, desired goals, outstanding issues and AIIMs recommendations for addressing the challenges identified.

Our Executive Leadership Council consists of nearly 50 business leaders from the United States and Europe who have their finger on the pulse of todays business environment, said AIIM President John Mancini. We created the AIIM Trendscape to help business leaders move beyond industry hype, gain a better understanding of critical business issues, and outline ideas to help improve their businesses. As discussed in todays report, cloud computing continues to be an important topic and, while there are many executives who have concerns about adopting cloud technology, our research indicates that these concerns are greatly outweighed by the potential benefits.

Throughout the discussion about cloud computing with the ELC, it is clear that there are varying opinions on cloud computing. Corporate marketing departments have spent the past few years hyping cloud computing from multiple angles which has made it unclear what is fact and what is fiction. The AIIM ELC believes that, in order for companies to be successful, they must understand cloud computing from a business-centric perspective, not a technology-centric view.

Other key findings in the AIIM report include:


Rip Media Group Produces New Infographic for Businesses

Los Angeles, CA (PRWEB) June 27, 2013

Rip Media Group created an infographic showing the results of the impressive increase in corporate video production. Organizations of all types need powerful and relevant content to explain the complex work they do. One Los Angeles based marketing agency has specialized on understanding a brands complex message, condensing it into a compelling video, and driving views to the video and website. The results of this work led them to look for an even simpler way to convey the impact and ROI of online video.

As attention spans shrink, and news feeds inundate us, companies need a new and interesting way to deliver their message. Much of what we do is create the elevator pitch and sizzle reel videos for businesses. We wanted to dedicate some time to create this impactful infographic for our clients and other business leaders to see how important video is to business, said Maury Rogow, the President and lead Producer at Rip Media.

Based on the flexible styles and types of animation Rip Media Group produces, they are able to work with many types of organizations. Rip Media Group doubled in size in 2012, making them one of the fastest growing video production agencies on the west coast.

We have a complicated and technologically advanced product, but needed to tell the story in an accessible and upbeat manner appropriate for the elementary school market. Critical were the right choices in art style, music, colors, voice, and script."

"The result was an amazing video that we are proud of. Rip Media did an excellent job developing the authentic look and feel we wanted while incorporating our brand identity. We found Maury Rogow and his team to be an extremely valuable video production and marketing partner, said one customer.

Please see the infographic here., a leader in corporate whiteboard animation, motion graphic animation, explainer videos and demo video, has released a new information graphic for marketing directors and entrepreneurs needing to create their corporate story using video.

Rip Medias mission is to expand your business by with integrated marketing: motion graphic videos, whiteboard videos, live action video, and integrate website optimization, and social marketing. Rip Media can be contacted for video and web services at: 888.899.8910.

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Citizen Potawatomi Nation, a Microsoft Dynamics NAV User, Embraces a Paperless Work Environment as a Forerunner for other Native American Businesses

Laguna Hills, CA (PRWEB) July 30, 2013

Altec Products, Inc., a Microsoft Dynamics


Affordable Web Solutions for Small and Growing Businesses, Asahi Technologies Announces WordPress Development Services for Businesses Across New York

New York (PRWEB) June 12, 2013

WordPress is a popular CMS which is extremely user friendly and suitable for business owners with little or no web knowledge, and who wish to take complete control of their websites. Established as a blogging platform in 2003, WP has quickly evolved over the years as a very powerful CMS. Used by umpteen number of bloggers and top companies around the world, WP currently powers Ford, Sony, Samsung, Playstation, CNN, Ben & Jerrys, educational institutions and many others.

With millions of websites running on wordpress platform, the web CMS offers apparent ease to add contents and pages to the website. Unlike other content management systems, users can change the contents easily using a backend login. Customization is hassle-free as it is easy to change the appearance of the website by simply changing the themes, content, images, media and much more. With a few mouse clicks, site owners can modify it without ftp or other file transferring tools. In terms of holistic value, WordPress offers a wide range of plugins and add-ons with extreme ease-of-use for novice site owners.And to help businesses deploy the leading CMS, the NY based tech firm has launched affordable WordPress development services in New York.

For many business owners, customizing their website is restricted by limited or no knowledge of the underlying code. This is where WordPress scores a vital point. Its simple architecture allows it to be developed at extremely low costs compared to other tools. With WordPress sites being search engine friendly, the structure is embedded with a self-ping feature, whereby every time the user updates the blog or an article, it clings to major search engines. Moreover, additional plug-ins can be embedded with the existing WordPress to enhance the reach of the site.

At Asahi Technologies, the developers offer appealing and highly functional websites based on custom WordPress themes that would capture the look and feel of the clients brand. With extensive experience in customization and development services across various business domains, the firm offers complete gamut of WordPress Development Services, The key services include


Northeast Indiana Innovation Center Provides Early Stage Capital Funding & Entrepreneurial Business Assistance to Two Innovative Student Businesses

Fort Wayne, IN (PRWEB) May 01, 2013

The Northeast Indiana Innovation Center ( is pleased to announce the entry of two new student venture companies into NIICs nationally recognized Student Venture Lab program. Live Capture Sound LLC and D-n-S Design Company have both moved in and begun the venture start-up process this month.

As part of the Student Venture Lab program (, student companies receive an early stage funding investment (typically $ 3,000) and six months of office space & business services at the Northeast Indiana Innovation Campus (an in-kind investment valued at $ 3,000) in exchange for a small amount of equity in the student venture.

During the six month period, the student ventures use the lean start-up canvas and customer development tools to create a product demonstration, a business model, and validate both of those with prospective customers. Ventures receive one-on-one coaching from Mike Fritsch, the Innovation Centers Entrepreneur-In-Residence (

At the end of the six month term, each venture will demonstrate their product and their customer-validated business model at Demo Day to investors, bankers, and other leaders of the regions business and technology community. Ventures that have shown tangible progress during the first six months may receive up to two additional phases of follow-on business funding (totaling over $ 8,500 in additional early stage capital) and office space & business services to accelerate their venture's growth and development.

Live Capture Sound LLC is led by Jeremy Harmeyer, a student at University of St. Francis and Andrew Miller, a recent graduate. Live Capture offers live event production and sound recording as well as recorded advertisements. Live Capture aims at delivering the highest quality product without the high cost. Live Capture provides records and produces live sound for musicians, venues, TV and radio ads, video games, Internet videos, and any other application requiring quality sound.

D-n-S Design Company is led by Lindal Walker and Matthew Vanlandingham, both students at ITT Technical Institute. D-n-S provides various digital media-based products including web sites, mobile apps, digital graphics design and their big project, video games.

"For the past five years, the Innovation Center has invested financial and entrepreneurial training in the next generation of student entrepreneurial leaders. Instead of taking a ob, our students are making a job and career for themselves and others," stated Karl R. LaPan, President and CEO.

For more information, contact Student Venture Lab Program Manager Mike Fritsch at 260-407-1754 or mfritsch(at)niic(dot)net.

Live Capture Sound LLC, Jeremy Harmeyer, can be reached at livecapturesound(at)gmail(dot)com.

D-n-S Design Company, Lindal Walker, can be reached at

Northeast Indiana Innovation Center (NIIC) - NIIC is a non-profit, community-based resource center that catalyzes the growth and development of innovative companies in Northeast Indiana, thereby diversifying, improving, and growing the region's economy and enhancing our community's vitality.

NIICs Student Venture Lab is made possible by generous contributions from The Lincoln Financial Foundation, iAB Financial Bank, The Edward M. & Mary McCrea Wilson Foundation, and private individual & corporate donors. Any future proceeds from NIICs equity investments in Student Venture Lab ventures will be reinvested in support of the mission to grow the next generation of student entrepreneurial leaders. Interested in applying for an investment in your student venture or business? Contact Mike Fritsch at mfritsch(at)niic(dot)net for more information.

Check out our angel funding blog at


NY based Tech firm launches custom Drupal Services for start ups and growing businesses in New York

New York (PRWEB) June 06, 2013

Drupal is an open source CMS that gives its users a great deal of flexibility to modify, share, and distribute content. Used in more than 200 countries with 180 languages, it has now grown into a powerful content management system which is more than a CMS. It is a unique solution that is perfect for a small business and scalable for any large enterprise.And to help businesses leverage the potential of the robust framework, the NY based tech firm has launched custom Drupal development services in New York.

Highly regarded as one of the best website frameworks available, the popular CMS is rapidly gaining adoption all over the globe. Drupal is a very powerful tool, which organizes complicated structures and complex content with apparent ease. Unlike other website content management systems that offer narrow frameworks and custom coding, Drupal offers out of the box solutions for online entrepreneurs to showcase their brands in an interactive and highly-useable environment. Helping small businesses to get noticed, drive traffic, and share important content in a content hungry world, Drupal offers several other advantages. They include flexible web designing, extensive API Support, search engine friendly features, mobile ready features and fairly quicker development time. Besides, by offering unlimited scalability, it can support specific assignments without external extensions. In short, Drupal is highly flexible and, therefore, is great for large, complex, advanced websites that manage sensitive content.


Green Mountain Energy Company and EnTouch Controls Offer Texas Small Businesses Easy Access to Energy Management Tool

Richardson, TX (PRWEB) June 27, 2013

Green Mountain Energy Company and EnTouch Controls now offer small businesses in Texas an off-the-shelf solution for monitoring and conserving energy use. Newly launched Green Mountain Energy


Profitability Expert June R. Jewell Reveals How Corporate Culture Steals Profits from Businesses in New Book

Vienna, VA (PRWEB) May 28, 2013

Many businesses arent aware that there is money hiding in a company, and that corporate culture may be negatively affecting the bottom line. June R. Jewell, profitability expert, exposes the ten cultural traps that are stealing profits from businesses in her recently published book, Find the Lost Dollars: 6 Steps to Increase Profits in Architecture, Engineering, and Environmental Firms.

A companys corporate culture could be its own worst enemy, says Jewell, and can keep a business from moving forward. Her book dives into the basics of running a good business, from marketing and client relations, to cash management and computer systems.

The culture of your firm directly impacts your profitability. How you look at money, deal with your financial management, and manage your staff directly translates into policies, processes and behaviors that cause projects to go over budget. Without a healthy focus on profit, an owner may find it difficult to grow the business, says Jewell.

With over 28 years of business management consulting experience, Jewell has seen firsthand how culture cuts into profitability. Some of the culture traps discussed in her new book include:

Why it's critical to balance quality with budget

The importance of setting client expectations

How taking a low bid project cuts a companys profitability

How demanding clients adversely affect employee morale

Why time and materials contracts may be costing you money

Find the Lost Dollars: 6 Steps to Increase Profits in Architecture, Engineering, and Environmental Firms is available on Amazon as hardback, paperback, and Kindle book. For more information, please visit


June R. Jewell is a widely recognized authority on profitability for project-based businesses, including architectural, engineering, and environmental firms. She is the President and CEO of Acuity Business Solutions. June has helped hundreds of companies in the A/E/E industries achieve accelerated growth and sustained profitability. Using a breakthrough collaborative methodology, she helps businesses improve processes, create smart systems, and drive effective execution for improved business performance. For more information on her programs and consulting, please visit


VEDC and MEDA Offering San Francisco MicroEntrepreneur Loan Fund; Microloans beginning at $1,000 up to $50,000 available to Start-up Small Businesses

Los Angeles, CA (PRWEB) December 05, 2012

With support from Comerica Bank, VEDC has partnered with the Mission Economic Development Agency (MEDA) to create the San Francisco MicroEntrepreneur Loan Fund offering microloans under $ 50,000 to start-up small business owners desperate for capital in San Franciscos underserved communities and to assist existing small businesses expand.

The City of San Franciscos economy has not been immune from the adverse effects of the national credit crisis. VEDC recognizes that the credit crunch has disproportionately hampered small business start-ups in the City of San Francisco by depriving them from access to capital and funding needs. With the struggling economic recovery, small business start-ups are being turned down by traditional financial institutions and continue to find themselves financially challenged.

VEDC has seen an increase in requests for start-up business loans under $ 50,000, more than 90 percent of our inquiries come from businesses that have been turned down for a traditional business loan, stated Roberto Barragan, President and CEO of VEDC. We are proud to partner with MEDA in the Bay Area; they have an intimate knowledge of the community and we share a clear vision of building the economic base. Thanks to the support of Comerica Bank we plan to realize our common goal of creating businesses and jobs in San Francisco.

The newly created San Francisco MicroEntrepreneur Loan Fund was formed to make credit available to start-ups small business owners who are seeking loans between $ 1,000 to $ 50,000 to expand their businesses, generate greater revenues and hire more employees. Working in collaboration with MEDA, these microloans will be available to start-ups and existing businesses seeking to expand their healthy food and green tech offerings. As part of the program MEDA will seek to provide in-depth business consulting services and financial assistance to participating businesses.

This new product is a key component in the toolbox of services we are offering expanding businesses through our AccelerateSF program, stated Luis Granados, MEDAs Executive Director. Access to capital for entrepreneurs is crucial to allow for business expansion and job creation. This type of flexible, innovative, socially conscious lending is what low income communities need to promote equity in economic development.

To learn more about the San Francisco MicroEntrepreneur Loan Fund contact Michel Ottalia at or Myrna Melgar at or begin your application process online at

VEDC is the leading non-profit small business lender in California and offers direct small business loans as well as SBA 7(a) and SBA 504 loans. For more information on VEDC loan programs visit

Comerica Bank is the commercial banking subsidiary of Comerica Incorporated, a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Business Bank, The Retail Bank, and Wealth Management. Comerica focuses on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in California, Arizona, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico. For more information visit To find Comerica on Facebook please visit or on Twitter @ComericaCares.

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