Model Metrics grabs $2.5M for iPhone and Salesforce apps
Software-as-a-service provider Model Metrics announced today that it took $2.5 million in first-round funding from undisclosed investors. The money will go toward development of iPhone apps and software tailored specifically for Salesforce.com.
The Chicago-based company supplies others with the mobile and computer software they need to eliminate pain-points in everyday business. For example, its Expense2GO product lets employees manage their company expenses remotely from their iPhones. Any changes made on the handset are automatically synced with expense histories stored with Salesforce.
Founded in 2003, the firm is now 60-employees strong and has offices in five cities across the midwest.
Next Story: Microsoft kicks off the era of user-generated console games
Previous Story: BioLogix bags $6M for oncology drug, names new CEO
About the Author, Camille Ricketts
Camille is the lead writer for GreenBeat. She came to VentureBeat from Google where she worked on its traditional platforms team, particularly in TV. Before that, she was a reporter for the Wall Street Journal in New York and London. Follow her on Twitter at @camillericketts, and follow VentureBeat on Twitter at @venturebeat.
With GreenBeat 2009, VentureBeat's all-star conference on all things Smart Grid, coming up in November, Camille will be expanding coverage of this exciting space. Stay up to date by following @greenbeat2009 on Twitter or by becoming a fan of the event on Facebook here.