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Founded Year

2001

Stage

Series B | Alive

Total Raised

$44M

Last Raised

$34M | 3 yrs ago

About Phocas Software

Phocas Software provides cloud-based subscription data analytics software for manufacturers, distributors and retailers that gives insights into how to run their businesses.

Headquarters Location

Level 1 235 Lords Pl

Orange, New South Wales, 2800,

Australia

+61 2 6369 9900

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ESPs containing Phocas Software

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Enterprise Tech / Supply Chain & Procurement

The supplier rebate management market encompasses solutions designed to efficiently track, calculate, and manage rebates and incentives offered by suppliers. By implementing supplier rebate management solutions, organizations can ensure they receive the full value of rebates and discounts owed to them. These tools help automate complex rebate calculations, reducing manual errors and streamlining f…

Phocas Software named as Leader among 5 other companies, including ThirdWaveRx, Enable, and e-Bate.

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Latest Phocas Software News

Phocas Achieves the Highest Standard of Data Security by Getting SOC2 Type II Compliance

Jun 19, 2023

COSTA MESA, Calif.–(BUSINESS WIRE)–Phocas Software, a cloud-based, SaaS company specialising in business planning and analytics, today announced the successful completion of its System and Organization Controls 2 Type II (SOC 2 Type II) examination. The SOC 2 Type II qualification reinforces the company’s ongoing commitment to data security. SOC 2 Type II reports are recognized globally and affirm that Phocas’ infrastructure, software, people, data, policies, procedures and operations have been formally reviewed. The external audit examined how well Phocas data security systems and controls performed over a 12-month period. The Type II accreditation is a progression from the Type I audit completed by Phocas in 2021. Myles Glashier, founder and CEO of Phocas says data security is a priority for the privately-owned global software business. “Our customers rely on us every day to store and process critical information so they can do the jobs that need accurate data like managing cashflow, budgeting, forecasting and workforce planning, which makes protecting that data essential,” said Glashier. “Business owners, CFOs, accountants and sales managers need to have assurance that their sensitive data is safe within our cloud-based ecosystem, so our infrastructure and processes need to be aligned,” explained Glashier. “A dedicated team at Phocas looks after the data systems and controls and carry out regular testing. We also work closely with world-class technology partners like AWS. It’s imperative with the rise of cyberattacks to undergo audits to ensure our high standards are maintained and assessed. It gives us and our customers great peace of mind that the measures are in place to keep their data and their customers’ data safe by having achieved all requirements of SOC 2 Type II,” said Glashier. Established by the American Institute of Certified Public Accountants (AICPA), the SOC 2 examination is designed for organizations of any size, regardless of industry and scope, by ensuring the personal assets of their potential and existing customers are protected. The independent examination, conducted by global cybersecurity assessment firm A-LIGN validated Phocas’ security practices and controls. A-LIGN was satisfied Phocas met the Trust Services principles and criteria for security and availability from January to December 2022. About Phocas Phocas ( www.phocassoftware.com/technology ) is a global business planning and analytics platform that empowers people to make data-driven business decisions. Contacts

Phocas Software Frequently Asked Questions (FAQ)

  • When was Phocas Software founded?

    Phocas Software was founded in 2001.

  • Where is Phocas Software's headquarters?

    Phocas Software's headquarters is located at Level 1, Orange.

  • What is Phocas Software's latest funding round?

    Phocas Software's latest funding round is Series B.

  • How much did Phocas Software raise?

    Phocas Software raised a total of $44M.

  • Who are the investors of Phocas Software?

    Investors of Phocas Software include OneVentures and Ellerston Capital.

  • Who are Phocas Software's competitors?

    Competitors of Phocas Software include Rootstock Software and 4 more.

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  • Stalk the smart money
  • Identify tomorrow's challengers
  • Spot growing industries
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