Nebraska Global invests in ICORA

March 30, 2011

ICORA is the second company funded by Nebraska Global. ICORA operates as an Independent Software Vendor (ISV) developing product solutions for the Microsoft Dynamics market. The initial product was hatched out of R&D from Don’t Panic Labs, Nebraska Global’s first company. The Microsoft Dynamics ecosystem represents an expansive, high growth market with the Software as a Service (SaaS) market share projected to be in excess of $15 billion by the end of 2011.

The first product developed by ICORA, Mako XRM will streamline the customization process and allow customers to increase lines of business efficiencies and deliver a rich user experience. The product is set for general release in early Summer 2011.

“ICORA represents an ideal opportunity for our company. One of the young developers operating within our R&D and people incubator, Don’t Panic Labs, had the freedom and opportunity to pursue a hunch and produce a working prototype to solve a difficult problem,” stated Patrick Smith, Nebraska Global’s COO. “As we validated the opportunity, we teamed youthful energy with solid domain expertise and attracted Allison Jensen from Microsoft to move to our community to run ICORA. New company, new jobs, great imported talent, and high expectations…this epitomizes what Nebraska Global set out to do.”

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