GoDaddy Integrates Ronin Into Online Bookkeeping Service
GoDaddy.com has announced that they have acquired Ronin. Ronin is known for their online invoicing services. Ronin helps businesses bill customers and keep track of payments. GoDaddy has integrated Ronin’s services into GoDaddy Online Bookkeeping. The deal closed in April and the terms were not disclosed. Ronin bootstrapped the company and raised money from family and friends. That was GoDaddy’s fifth acquisition in 15 months. Other recent acquisitions include M.dot, Afternic, Locu, and Outright.
“Our customers love our product – but they wanted us to provide invoicing capabilities. We knew Ronin provided an unparalleled experience, so we started discussions,” stated GoDaddy SVP for business applications Steven Aldrich. “It soon became clear – we needed the team at Ronin to be on our team and we needed to seamlessly integrate invoicing into our product. The end result is GoDaddy Online Bookkeeping.”
GoDaddy has around 12 million customers that use their small businesses and sole traders. Ronin’s services range at between free and $49 per month.
[Source: TechCrunch]This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry