BigTime Software, Inc., a Chicago, IL, and Phoenix, AZ-based provider of cloud-based software for professional service firms, has received a $100 million strategic investment from Vista Equity Partners.
Wavecrest Growth Partners, an existing BigTime investor, will keep a share in the Company along with Brian Saunders, the founder of the Company, and a few other stakeholders.
This investment will be used for product development and innovation, recruiting efforts in BigTime’s Chicago office and Phoenix office, and customer support and sales.
BigTime Software’s CEO and founder, Brian Saunders is focused on developing tools to help professional service firms manage, invoice, and track their time. The solutions can be used by consultants from all disciplines, including engineering and accounting.
More than 2,300 professional service firms use the solutions.