Littleton-based Tangicloud Technologies Inc., a Microsoft partner specializing in nonprofit and government ERP software, recently announced a 40% growth in annual recurring revenues for fiscal year 2024.
Tangicloud President Steve Potts highlighted key achievements from the fiscal year, including the launch of the W-1, or global, version of Fundamentals, allowing the product’s expansion to 30 countries. The company also plans to introduce a new Excel Import product, expected to launch later in FY25, which aims to benefit both the commercial sector and nonprofit and government clients.
“We are excited for what lies ahead given the foundation FY24 has provided,” Potts added.
Tangicloud also announced growth in staffing through strategic hiring, including new Product Manager Erik Vigesaa, who joined the team on Aug. 12. With more than 20 years of experience in consulting and sales in the accounting software industry, Vigesaa brings decades of expertise and a commitment to customer satisfaction.
“I am eager to leverage my experience to contribute not only to Tangicloud’s growth but more importantly, to our customers’ ability to serve their communities more robustly,” said Vigesaa, who previously worked at Microsoft.