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<h2 id="history">History</h2> <p><a href="/facts/Coda_(company)/U7DUq1en">CODA</a> was a UK software company that was founded in 1979 and acquired by UNIT4 in 2008 for around 213 million euros.<a class="footnote-ref" id="fnref:2" href="#fn:2"><sup>2</sup></a><a class="footnote-ref" id="fnref:3" href="#fn:3"><sup>3</sup></a> </p><p>FinancialForce was established as a <a href="/facts/Joint_venture/f2Fv8QqA">joint venture</a> between <a href="/facts/Salesforce/jEqXM3Gr">Salesforce</a> and <a href="/facts/Unit4/nrtWG9VG">UNIT4</a> in September 2009,<a class="footnote-ref" id="fnref:4" href="#fn:4"><sup>4</sup></a> which incorporated the Coda 2go software that was originally launched in December 2008.<a class="footnote-ref" id="fnref:5" href="#fn:5"><sup>5</sup></a><a class="footnote-ref" id="fnref:6" href="#fn:6"><sup>6</sup></a> As of March 2019, 40% of the <a href="/facts/Share_(finance)/Tu13xJbS">shares</a> are owned by Salesforce and 60% by UNIT4.<a class="footnote-ref" id="fnref:7" href="#fn:7"><sup>7</sup></a> <i><a href="/facts/Het_Financieele_Dagblad/a2mwDcl8">Het Financieele Dagblad</a></i> estimated the <a href="/facts/Valuation_(finance)/ubVtk8RG">value</a> of the company at around 500 million euros, based on the 2019 <a href="/facts/Annual_report/fWBH6PKN">annual report</a>.<a class="footnote-ref" id="fnref:8" href="#fn:8"><sup>8</sup></a> </p><p>In March 2015, the company received $110M in funding from <a href="/facts/Technology_Crossover_Ventures/Q9DUQCeC">Technology Crossover Ventures</a> and Salesforce Ventures.<a class="footnote-ref" id="fnref:9" href="#fn:9"><sup>9</sup></a> In January 2017, FinancialForce appointed former Salesforce and Heroku executive Tod Nielsen as CEO and President.<a class="footnote-ref" id="fnref:10" href="#fn:10"><sup>10</sup></a> </p> <p>On May 3, 2023, the company FinancialForce.com Inc. was renamed to Certinia.<a class="footnote-ref" id="fnref:11" href="#fn:11"><sup>11</sup></a>[<i>non-primary source needed</i>] </p><p>On July 26, 2023, an investment group led by private-equity firm Haveli Investments purchase Certinia for nearly $1 billion, including debt.<a class="footnote-ref" id="fnref:12" href="#fn:12"><sup>12</sup></a> </p> <h2 id="external-links">External links</h2> <ul><li><a href="https://certinia.com">Official website</a></li> <li><a href="https://web.archive.org/web/20220307204615/https://www.financialforce.com/">FinancialForce, former official website</a> at the <a href="/facts/Wayback_Machine/nmQ3a6JC">Wayback Machine</a> (archived 2022-03-07)</li> <li><a href="https://web.archive.org/web/20080704123137/http://www.coda2go.com">CODA 2go, former official website</a> at the <a href="/facts/Wayback_Machine/nmQ3a6JC">Wayback Machine</a> (archived July 4, 2008)</li></ul> <h2 id="references">References</h2> <ol> <li id="fn:1"><p>"FinancialForce.com Inc". Bloomberg.com. <a href="https://www.bloomberg.com/profile/company/0976795D:US" target="_blank">https://www.bloomberg.com/profile/company/0976795D:US</a> <a href="#fnref:1" class="footnote-back-ref">↩</a></p></li> <li id="fn:2"><p>van der Beek, Pim (October 2, 2009). "Unit 4 en Salesforce gaan samen boekhouden". Computable (in Dutch). Retrieved 2023-04-04. <a href="https://www.computable.nl/artikel/nieuws/cloud-computing/3087501/250449/unit-4-en-salesforce-gaan-samen-boekhouden.html" target="_blank">https://www.computable.nl/artikel/nieuws/cloud-computing/3087501/250449/unit-4-en-salesforce-gaan-samen-boekhouden.html</a> <a href="#fnref:2" class="footnote-back-ref">↩</a></p></li> <li id="fn:3"><p>"Definition of Coda". PCMAG. Retrieved 2023-04-04. <a href="https://www.pcmag.com/encyclopedia/term/coda" target="_blank">https://www.pcmag.com/encyclopedia/term/coda</a> <a href="#fnref:3" class="footnote-back-ref">↩</a></p></li> <li id="fn:4"><p>Kanaracus, Chris (2012-03-07). "FinancialForce.com rolls out enhanced accounting, services applications". Computerworld. Retrieved 2023-04-04. <a href="https://www.computerworld.com/article/2730429/financialforce-com-rolls-out-enhanced-accounting--services-applications.html" target="_blank">https://www.computerworld.com/article/2730429/financialforce-com-rolls-out-enhanced-accounting--services-applications.html</a> <a href="#fnref:4" class="footnote-back-ref">↩</a></p></li> <li id="fn:5"><p>"CODA completes successful CODA 2go beta programme and launches free trial". AccountingWEB. 2008-12-02. Retrieved 2023-04-04. <a href="https://www.accountingweb.co.uk/community/industry-insights/coda-completes-successful-coda-2go-beta-programme-and-launches-free-0" target="_blank">https://www.accountingweb.co.uk/community/industry-insights/coda-completes-successful-coda-2go-beta-programme-and-launches-free-0</a> <a href="#fnref:5" class="footnote-back-ref">↩</a></p></li> <li id="fn:6"><p>"Salesforce.com, Coda form new SaaS financials company". Reuters. 2009-09-30. Retrieved 2023-04-04. <a href="https://www.reuters.com/article/urnidgns852573c4006938800025763f005ee9ce-idUS356905951120090930" target="_blank">https://www.reuters.com/article/urnidgns852573c4006938800025763f005ee9ce-idUS356905951120090930</a> <a href="#fnref:6" class="footnote-back-ref">↩</a></p></li> <li id="fn:7"><p>"Unit4 slankt bedrijf af om nieuwe verkooppoging te kunnen wagen". Het Financieele Dagblad (in Dutch). Retrieved 2023-04-04. <a href="https://fd.nl/ondernemen/1294275/unit4-slankt-bedrijf-af-om-nieuwe-verkooppoging-te-kunnen-wagen" target="_blank">https://fd.nl/ondernemen/1294275/unit4-slankt-bedrijf-af-om-nieuwe-verkooppoging-te-kunnen-wagen</a> <a href="#fnref:7" class="footnote-back-ref">↩</a></p></li> <li id="fn:8"><p>"Lucratief knippen in Unit4?". Het Financieele Dagblad (in Dutch). Retrieved 2023-04-04. <a href="https://fd.nl/beurs/1378229/lucratief-knippen-in-unit4" target="_blank">https://fd.nl/beurs/1378229/lucratief-knippen-in-unit4</a> <a href="#fnref:8" class="footnote-back-ref">↩</a></p></li> <li id="fn:9"><p>Miller, Ron. "FinancialForce Hauls In $110M Investment", TechCrunch, 26 March 2015. Retrieved on 27 March 2015. <a href="https://techcrunch.com/2015/03/25/financialforce-lands-another-110m-investment/" target="_blank">https://techcrunch.com/2015/03/25/financialforce-lands-another-110m-investment/</a> <a href="#fnref:9" class="footnote-back-ref">↩</a></p></li> <li id="fn:10"><p>Miller, Ron. "FinancialForce selects former Salesforce and Heroku exec to be new CEO", TechCrunch, 6 January 2017. Retrieved on 6 January 2017. <a href="https://techcrunch.com/2017/01/06/financialforce-selects-former-salesforce-and-heroku-exec-to-be-new-ceo/" target="_blank">https://techcrunch.com/2017/01/06/financialforce-selects-former-salesforce-and-heroku-exec-to-be-new-ceo/</a> <a href="#fnref:10" class="footnote-back-ref">↩</a></p></li> <li id="fn:11"><p>"FinancialForce Rebrands to Certinia, the 'Single Source of Certainty' for Services Businesses". Certinia. Retrieved 2023-05-09. <a href="https://certinia.com/resources/financialforce-rebrands-to-certinia-the-single-source-of-certainty-for-services-businesses/" target="_blank">https://certinia.com/resources/financialforce-rebrands-to-certinia-the-single-source-of-certainty-for-services-businesses/</a> <a href="#fnref:11" class="footnote-back-ref">↩</a></p></li> <li id="fn:12"><p>Vinn, Milana (July 26, 2023). "Haveli, General Atlantic to buy software firm Certinia for nearly $1 bln". Reuters. <a href="https://www.reuters.com/markets/deals/haveli-general-atlantic-buy-software-firm-certinia-nearly-1-bln-sources-2023-07-26/" target="_blank">https://www.reuters.com/markets/deals/haveli-general-atlantic-buy-software-firm-certinia-nearly-1-bln-sources-2023-07-26/</a> <a href="#fnref:12" class="footnote-back-ref">↩</a></p></li> </ol>