SaaS Capital provide alternatives to venture capital for funding by offering fast-growing software services companies with credit facilities.
Mark Schaedel, CEO of DataBP said, “We have a long-term view and strategy. We are a big fan of the SaaS Capital model. We are a profitable business but need to strategically invest in order to sustain our growth. SaaS Capital provides us with a model to do so without having to compromise on our long-term strategy”. Steve Jaffee, Managing Director of SaaS Capital said, “We are proud to be DataBP’s capital partner to support its industry-leading data licensing management platform for exchanges, index, and data providers. DataBP has established an impressive roster of domestic and international exchanges leveraging DataBP’s SaaS platform to provide customers with a streamlined experience for the administration of data licensing.”