Rootstock Software (The Danville Group) builds cloud-powered resource management software that integrates with the Salesforce ecosystem. The company is described as a major player within that Salesforce ecosystem. Salesforce has previously invested in Rootstock, though it is unclear if Salesforce participated in the most recent funding. The company announced new funding totaling just over $1 million in a public company filing. This new capital follows an earlier sub-$1 million raise earlier this year. The additional funds push Rootstock’s total funding to over $8 million since its founding in 2008. Rootstock Software is a market-leading Software as a Service provider of manufacturing enterprise software serving mid-market discrete manufacturers. The company was launched in 2008 to provide a SaaS solution that helps mid-market manufacturers cut costs, improve processes, and drive revenue. Rootstock delivers manufacturing capabilities in conjunction with partners while requiring minimal IT infrastructure investment. The business emphasizes its proprietary SaaS infrastructure and partnerships to serve an underserved market. The company is led by Founder and CEO Pat Garrehy, and its management team is described as having deep expertise in the manufacturing software systems industry. Cross Atlantic Capital Partners announced an investment in Rootstock; terms of the deal were not disclosed.

Total raised

$1M

Funding rounds

2

Latest round

Equity

Latest activity

Oct 2014