Summit Partners‘ portfolio companyy Solutionreach, a patient engagement business, has appointed the founder and former CEO of RightNow Technologies, Greg Gianforte, to its board of directors. Gianforte started RightNow in 1997 and grew it into a publicly traded Software-as-a-Service (SaaS) business with more than 1,100 employees and $225 million in annual revenue. In 2011, the company was sold to Oracle for more than $1.8 billion.
Solutionreach, Inc., the patient engagement leader, today announced that the founder and former CEO of RightNow Technologies, Greg Gianforte, has joined the Solutionreach Board of Directors.
Gianforte started RightNow in 1997 and grew it into a publicly traded Software-as-a-Service (SaaS) success with more than 1,100 employees and $225 million in annual revenue. In 2011, the company was sold to Oracle for more than $1.8 billion.
“Greg’s ground-breaking work at RightNow aligns perfectly with our objectives,” said Jim Higgins, founder and CEO of Solutionreach. “His unique vision in building companies and implementing forward-thinking solutions is a tremendous addition.”
Gianforte joined the Solutionreach Board alongside Summit Partners, a growth equity firm and majority Solutionreach investor. Gianforte and Summit enjoy a long-standing relationship stemming from Summit’s early investment in RightNow.
“I am excited to be a part of the Solutionreach Board of Directors,” Gianforte said. “The management team is strong and the market opportunity is large, which are resulting in significant business growth. Solutionreach has a bright future ahead serving healthcare clients with innovative solutions and revolutionary support.”
Gianforte also founded a network management application company called Brightwork, which he sold to McAfee in 1994. In total Gianforte has founded five successful software businesses. In 2003 he was named Ernst and Young Entrepreneur of the Year for the Pacific Northwest. And in 2007, Gianforte was inducted into the CRM Hall of Fame. Gianforte resides in Bozeman, Montana.
Solutionreach is the pioneer and clear leader in providing SaaS-based patient engagement and communication platform solutions for healthcare practices. Utilizing the latest text, email, voice, video, web and social media tools, Solutionreach equips practices and small businesses alike with a high-tech solution that does not sacrifice high-touch personalization. Engagement tools from Solutionreach (and the Smile Reminder platform from Solutionreach) seamlessly integrate into existing workflows and include a multitude of personalized communications including reminders, confirmations, surveys, clinical education, online reputation management and more, all backed by unlimited live revolutionary support. Solutionreach has been the recipient of numerous awards and accolades including: (2009-2011) Inc 500/5000 fastest growing private companies; (2009-2010) Ernst & Young’s Entrepreneur of the Year Finalist.
About Summit Partners
Summit Partners (www.summitpartners.com) is a growth equity firm that invests in rapidly growing companies. Founded in 1984, Summit has raised nearly $15 billion in capital and provides equity and credit for growth, recapitalizations, and management buyouts. Summit has invested in more than 350 companies globally in technology, healthcare and other growth industries. These companies have completed more than 125 public offerings, and in excess of 130 have been acquired through strategic mergers and sales. Summit Partners has offices in Boston, Palo Alto, London and Mumbai. Notable healthcare and software companies financed by Summit Partners include AvePoint, American Dental Partners, HealthCare Partners, MDVIP, MEDITECH, Postini, Sparta Systems, Unica and Wildfire Interactive.
In the United States of America, Summit Partners operates as an SEC-registered investment advisor. In the United Kingdom, this document is issued by Summit Partners Limited, a firm authorized and regulated by the Financial Services Authority. Summit Partners Limited is a limited company registered in England and Wales with company number 4141197, and its registered office is at 20–22 Bedford Row, London, WC1R 4JS, UK. This document is intended solely to provide information regarding Summit Partners’ potential financing capabilities for prospective portfolio companies.
SOURCE Solutionreach, Inc.
PR Newswire (http://s.tt/1t4o0)
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