Snow Software. the global leader in Software Asset Management (“SAM”) and Cloud Spend Management solutions, revealed significant progress towards its US expansion plans. Notably, Snow increased its US sales team with five new sales management appointments.
Earlier this spring, Snow announced that it received a $120 million strategic investment from Sumeru Equity Partners and Ontario Pension Board. The investment is earmarked to support product innovation and global expansion – with the US market being a top focus of growth for Snow.
“Digital transformation is occurring at a rapid pace among US enterprises who are racing to realize business efficiency gains from software usage in all areas of their businesses. With this comes a pressing need to increase visibility of IT consumption across the organization so costs can be controlled and risks mitigated. Thanks to our recent investment, we have put the people and infrastructure in place to support enterprises at a local level across the country, said Axel Kling CEO of Snow Software”.