Monday, December 18, 2017

FloQast In Major Expansion, Growth Push

Los Angeles-based accounting software developer FloQast is in a major expansion, saying this morning that it has relocated its headquarters to Sherman Oaks, and has tripled its office space. FloQast said the expansion comes as it now has more than 100 employees, including 20 in a Columbus, Ohio office. Floqast is a developer of close management software, used by accountants to close their books faster. The company is led by CEO and co-founder Michael Whitmire. According to FloQast, it anticipates "significantly growing" its workforce in 2018. The expansion comes on the heels of a $25M funding from Insight Venture Partners, Toba Capital and Polaris Partners.

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