Since 1/1/2016, the Company has acquired approximately 40 enterprise customers, including Disney, iRobot, Kronos, the Boston Red Sox, Principal Financial Group and Putnam Investments.
Subscription model. Upon sale, Akumina gets cash up-front for entire term of the subscription (1 to 3 years). Avg annual fee of $54K for one instance of its software.
Board - 1 Sr. Microsoft exec (Sanket Akerkar) & 1 ex MS Sr. Exec (Paul Houghton).