The funding round values the company at more than $1 billion. Sprinklr has raised $123.5 million to date.
Satori Software announced that it has acquired Monticello Software Incorporated and its full suite of post-presort software.
SEATTLE, WA – December 5, 2012 – Satori Software today announced that it has acquired Monticello Software Incorporated and its full suite of post-presort software. The acquisition further enhances the Satori Software line of products into a complete solution set for data quality, presort and post-presort optimization, tracking and dynamic entry planning.
“All of us at Monticello Software are excited to become a part of the Satori team. And, it’s great news for our customers as well,” said Joe Bailey, president of Monticello Software. “We’ll continue to provide high-quality software products and excellent customer support, but now our customers gain the ability to tap into the vast mailing knowledge and resources Satori Software has to offer.”
Monticello post-presort software provides mailers with the ability to edit and consolidate Mail.dat® files for postal acceptance and payment through PostalOne!®. Use of the software will provide more accurate information for drop ship dates, entry-point assignments, piece attributes and container status. Submitting documentation electronically through PostalOne! is a key requirement for qualifying for Full-Service Intelligent Mail® discounts and benefits.
“As the only company in the industry that provides both presort and post-presort solutions, customers can look to us for advanced technology and unwavering support in their efforts to optimize postage discounts and transportation planning of mail,” said Corey Smith, vice president, Production Mail Solutions, Satori Software. "With Full-Service Intelligent Mail required in 2014, mailers gain a distinct advantage when they use our solution set to fulfill all aspects of Intelligent Mail.”
“This acquisition builds on the recent purchase of the Postalsoft Presort software and supports our vision to deliver extensive solutions that create more value for customers,” said Dale Garrett, president of Satori Software. “This further reinforces our commitment to invest resources in the mailing industry. Mailers can now look to a single source to meet their mailing software needs and be confident that both presort and post-presort components will work together seamlessly.”
Monticello customers will see no operational changes in the production, sales and distribution of the software for the time being. To purchase Monticello products, call 703-743-5253. To learn more about Satori Software, visit www.satorisoftware.com.
About Monticello Software Incorporated
Monticello Software, founded in 1995, is a provider of Mail.datsoftware application tools and supports a variety of sectors in the industry including printers, letter-shops, logistics providers, service bureaus and mail owners.
About Satori Software Inc.
Satori Software, a Neopost Data Quality Solutions company, delivers contact data quality and mailing preparation solutions. Customers include leaders in healthcare, financial services, education, direct marketing, fundraising and U.S. federal and state agencies. Founded in 1982, Satori Software is headquartered in Seattle, Washington and London, United Kingdom. For information, call 800-553-6477 or visit www.satorisoftware.com