Cube Revenue Management Receives Funding from Marathon Venture Capital to Grow its Enterprise Software Business
Cube Revenue Management (http://www.cuberm.com/), an enterprise software company with Fortune 500 customers and thousands of users in 20 countries across Europe, has completed an initial investment round with Marathon Venture Capital to further expand their offering by leveraging Cloud and Machine-Learning Technologies helping enterprises streamline their commercial processes and boosting revenue performance.
“Revenue leakage is a growing concern for large enterprise players across a number of industries. We are on a mission to help our clients reverse that trend and make sure they give the right price at the right time without the hassle.” said Costas Economopoulos, CEO. “To this end, we are building on the latest cloud and machine-learning technologies, delivering the next generation of revenue management software.”
George Tziralis, Partner at Marathon Venture Capital, added: “Clarity about revenue is key when running a business – no matter its size. Cube Revenue Management provides large corporates with the tools they deserve to become more successful and has been received with enthusiasm by the industry; we are excited about joining Cube RM in this journey.”
About Cube RM
Cube Revenue Management (www.cuberm.com) offers an enterprise software suite including an intuitive CPQ (Configure Price Quote) system and integrated price guidance through sophisticated machine-learning models, which helps companies to efficiently manage sales quotes, create and evaluate tender proposals, and identify optimum pricing. The company already has a successful track record including Fortune 500 enterprise customers and a user base of thousands of sales people in more than 20 countries across Europe.
About Marathon Venture Capital
Marathon Venture Capital (https://marathon.vc) is an Athens-based early-stage venture capital fund, helping ambitious founders build world-class technology companies. Its latest investments are Cube Revenue Management, Landoop and Norbloc, while Marathon partners’ track record includes Bugsense, Taxibeat, Workable and Resin.io, among others.