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RocketDocs Expands with New Investment & Ownership

RocketDocs Expands with New Investment & Ownership

RocketDocs Global Inc., a leading Response Management SaaS company, announces new investment to rapidly expand its operations and product development plans.

RocketDocs, founded in 1994, was a pioneer in the RFP software industry.  Since then, the company has broadened the functionality of its software into a SaaS-based Collaborative Response Management Platform that leverages one content library across an organization to streamline and automate the important task of responding to RFPs, Audits, Security Questionnaires & any repetitive inquiries.

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RocketDocs automates and streamlines these teams’ processes and has an average time savings of 50-60%, along with a 15-20% increase in win rate.

RocketDocs is growing headcount in its customer success and R&D departments, as well as significantly expanding its sales and marketing activities.  These growth initiatives are being funded with new capital from the company’s new ownership group, which completed an acquisition of the company in March. Under this new ownership, the company will operate as RocketDocs Global.

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“We expanded our investment in the company to address the continued need for technologies that help companies answer Requests for Proposalsinformation security questionnaires, and other vendor management questionnaires faster and more effectively.” says RocketDocs‘ new CEO and Chairman, Perry Robinson.

“This investment will allow the organization to continue supporting customers while accelerating product development and growing market share.” adds Bryan McGrathRocketDocs‘ CFO/COO.

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[To share your insights with us, please write to sghosh@martechseries.com]

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