Right Networks acquires Propelware
Right Networks, a provider of cloud solutions for accountants, has acquired Propelware, the maker of Autofy, a connector of e-commerce and CRM applications to QuickBooks and QuickBooks Online.
Right Networks aims to use Autofy to expand its offerings for transactional use cases like e-commerce.
In July, the company acquired Transaction Pro, a leading provider of data import/export tools for QuickBooks users. (See “Right Networks buys Transaction Pro.”)
“Access to data and integrations with applications within the accounting ecosystem is a core part of our strategy,” said Joel Hughes, CEO of Right Networks, in a statement. “Propelware has built an elegant solution specifically designed to ease integration and the flow of data between applications and QuickBooks, as well as other accounting software. This solves the very real problem of keeping up with a rapidly expanding set of applications and data requirements for the SMB and for the accounting firms servicing those SMB clients. The capabilities of Autofy, coupled with the experienced team of people at Propelware, made this acquisition very compelling.”
All of Propelware’s employees will join Right Networks, and will continue working in their Minneapolis office, which will become Right Network’s fourth location, after offices in Hudson, N.H., Alpharetta, Georgia, and Bozeman, Montana.
“We are thrilled to be joining the Right Networks team,” said Joe Dwyer, founder and CEO of Propelware, in a statement. “Right Networks’ commitment to delivering the best-in-class cloud service for accounting professionals and SMBs, along with their focused approach to expanding their offerings, made this an easy choice for us. Our biggest challenge at Propelware was scaling our go-to-market team fast enough to address the significant demand we had. Right Networks brings that scale and focus we needed to address that challenge. We look forward to moving more aggressively now to bring the value of Autofy to a larger customer base.”
For more information, visit Right Networks’ site.