{"id":181113,"date":"2017-06-23T08:51:36","date_gmt":"2017-06-23T06:51:36","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=181113"},"modified":"2017-06-23T08:51:36","modified_gmt":"2017-06-23T06:51:36","slug":"drive-revenue-successfully-closes-angel-funding-round","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/software\/181113\/drive-revenue-successfully-closes-angel-funding-round\/","title":{"rendered":"Drive Revenue successfully closes angel funding round"},"content":{"rendered":"<p>Drive Revenue, a software provider for the legal industry, has with the assistance of HAVA\u00cdC, successfully closed its first external funding round underpinned by overseas investors.<\/p>\n<p>Drive Revenue has developed a cloud-enabled financial management system which is specifically geared towards legal practices.<\/p>\n<p>The system allows for an integrated and coherent system for recording time and activities; issues invoices based on inputs; produces financial accounts for the practice, customised for accounting rules of specific geographic markets and management of trust monies; and\u00a0 enables real time analysis of practice performance metrics.<\/p>\n<p>The proceeds of the capital raise are being used by Drive to further develop system features for the modern legal practice and to actively market this cost-effective product to the local market.<\/p>\n<p>The company has recently hired two full-time sales specialists, with significant experience in the legal software sector, and a senior systems \/ business analyst.<\/p>\n<p><span class=\"st\">HAVA\u00cdC advises and invests in early-stage, high-growth businesses, offering access to local investments with global prospects.<\/span><\/p>\n<hr \/>\n<p><strong>Read: <a href=\"https:\/\/businesstech.co.za\/news\/software\/174915\/huawei-outlines-industrial-cloud-vision-for-south-africa\/\" target=\"_blank\" rel=\"noopener\">Huawei outlines industrial cloud vision for South Africa<\/a><\/strong><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Drive Revenue, a software provider for the legal industry, has with the assistance of HAVA\u00cdC, successfully closed its first external funding round underpinned by overseas investors.<\/p>\n","protected":false},"author":10,"featured_media":126677,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[25,11999],"class_list":["post-181113","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-software","tag-active","tag-drive-revenue"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/181113","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=181113"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/181113\/revisions"}],"predecessor-version":[{"id":181121,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/181113\/revisions\/181121"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/126677"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=181113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=181113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=181113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}