ClearMomentum closes 2008 with record growth

Posted on December 23, 2008

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ClearMomentum, Inc., a developer of CPM, Corporate Performance Management software and services announced record growth in the month of December for the fourth month in a row. Highlights of major customers adopting the company’s flagship product include 5LINX, Enterprises, Inc., Liberty Partners and Lone Star New Markets.


“ClearMomentum, Inc., a developer of CPM, Corporate Performance Management software and services announced record growth in the month of December for the fourth month in a row. Highlights of major customers adopting the company’s flagship product include 5LINX Enterprises, Inc., Liberty Partners and Lone Star New Markets.


About 5LINX Enterprises, Inc.: 5LINX is a global organization selling VOIP and technology products throughout the world. 5LINX® was named to the prestigious Inc. 500 list of the fastest growing companies in America for the third year in a row. Implementation of ClearFinancials® will enable 5LINX clear insight into operational performance, seamlessly integrating the corporate budget with management strategy. 5LINX Enterprises represents’ the fourth major customer this year to leverage ClearFinancials® global multi-currency translation functionality.


About Liberty Partners: Liberty Partners is a New York-based private equity investment firm with more than $1 billion under management. Founded in 1992 by former executives of Merrill Lynch Interfunding, Liberty specializes in middle-market private equity investments in manufacturing, business services, and education-related companies.


About Lone Star New Markets: Lone Star New Markets is a progressive investment firm located in Dallas, Texas. The company added ten portfolio companies to their ClearFinancials® subscription in December. Lone Star New Markets marks the second major investment firm in Texas to adopt ClearFinancials® in 2008 as a turnkey portfolio company data management solution.


ClearMomentum provides executive managers and capital providers with a Corporate Performance Management (CPM) solution that integrates financial strategy with business analytics, modeling, budgeting and is rapidly becoming the industry Gold Standard for transparent financial reporting. The solution provides an unmatched user experience delivered SaaS and can be deployed across the enterprise efficiently and cost effectively.”


Click here for the official press release.

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