Established in 2007, Concorde Solutions developed a custom-built SaaS product to aggregate the software and licensing information owned within an enterprise. It enables clients to accurately audit their software estate and identifies ways to reduce cost, mitigate risk and transform business processes.

Concorde’s customer base spans members of the Global Fortune 1000 as well as investment banks, mid-market companies, public sector organisations and charities. Clients have included Rexam, Plan International, Serco, Linklaters and Centrica.

How has Panoramic helped?

Panoramic invested £1m in 2011 to support the launch of a new SaaS product for the data centre and cloud computing markets and the expansion of its professional and managed services to international markets.

In 2014, Panoramic provided additional follow on capital as part of a $2.5m funding round led by a new investor to support geographic expansion and product development.

Martin Prendergast, Co-Founder and CEO of Concorde Solutions:
“This funding will allow us to bring new innovation to market faster, as well as grow our direct and channel strategies with extended geographical reach.”