Tidemark eyes EU expansion, financial consolidation app

Summary:At Workday Rising Europe, Tidemark introduces a financial consolidation application and rolls out plans to expand in the EU.

Tidemark, a cloud analytics company, said that it will expand in Europe and add a tool for financial consolidation.

The news, which comes amid Workday's Rising conference in Europe, lands ahead of Tidemark's Spring release.

So long, spreadsheets — hello in-memory cloud financial tools

According to Tidemark, the plan is to build offices in the United Kingdom, France, Germany, and Benelux and add channel partners through the region.

As for the financial consolidation app, Tidemark's software will add collaboration tools, consolidate data, and give controllers and executives one view of information.

Tidemark added that the financial consolidation app will reconcile intercompany variances, explain differences, and adjust as input is collected in an organization.

In 2013, Tidemark raised $13 million in series D funding for a grand total of $48 million to date. Tidemark's customer base includes Cerner, Netflix, and Chiquita among others.

Here's a look at the screenshots:



Topics: Enterprise Software, Cloud


Larry Dignan is Editor in Chief of ZDNet and SmartPlanet as well as Editorial Director of ZDNet's sister site TechRepublic. He was most recently Executive Editor of News and Blogs at ZDNet. Prior to that he was executive news editor at eWeek and news editor at Baseline. He also served as the East Coast news editor and finance editor at CN... Full Bio

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