Concur CEO Steve Singh

Concur posts 31% revenue gain, says $1B annual revenue run rate ‘now in sight’

Concur, the Bellevue maker of travel and entertainment expense management software, added 4,000 new customers during its past fiscal year and reported a 23.5 percent increase in non-GAAP revenue, jumping to $543 million. For the most recent quarter, non-GAAP revenues increased 31 percent to $154.2 million. The company’s net loss for the fourth quarter was… Read More


Concur CEO Steve Singh: Startup success is entirely driven by culture

There are lots of ingredients to startup success, but for Concur CEO Steve Singh, one rises above them all. Speaking at the Northwest Entrepreneur Network’s “Entrepreneur University” on Friday in Seattle, Singh said that company culture is the most important aspect of startup that founders must think about. “Not only is company culture everything, but your success… Read More


Concur invests in Visage to help companies manage mobile devices

Concur is continuing to place bets in startup companies. The latest deal comes today as the Bellevue maker of travel and entertainment expense management software announced a strategic investment in San Francisco-based Visage Mobile, a startup company that’s riding the BYOD (bring your own device) trend. “Our ongoing strategic partnership and new investment in Visage provide Concur customers… Read More


Trover snaps up $2.5M to create a hub for up-and-coming travel photographers

Seattle startup Trover has scored $2.5 million in fresh funding, money that the five-person company will use to build out its network of amateur travel photographers. Concur led the round through its newly-formed Perfect Trip Fund, continuing a streak of investments in up-and-coming travel-oriented startups. Zillow co-founder Rich Barton and other angel investors also participated…. Read More


Yapta takes flight with $4.2M for airfare price tracking

Seattle online travel startup Yapta has reeled in $4.2 million in fresh funding, with an option to raise an additional $2 million later this summer. Existing investor Concur led the round through its Perfect Trip Fund, bringing total funding in the company to $18.3 million. “This funding will enable us to build upon our investment… Read More


Concur continues to bet on the cloud, buys TRX and GDSX

Bellevue-based Concur is making some new buys, announcing today that the maker of travel and expense management has acquired technology solutions from Dallas-based GDSX and Atlanta-based TRX. Terms of the deals were not disclosed. The company labeled the buyout of GDSX as an asset purchase. “By integrating GDSX and TRX into the Concur T&E Cloud,… Read More


Egencia partners with Concur to make business travel simple

In an effort to make business travel more seamless, Egencia is partnering with Concur, the Redmond maker of travel and entertainment expense management software. Users who book and manage trips through Egencia, the Expedia-owned business travel management company, will now have the option of using Concur Expense right from the Egencia website, and vice versa for customers using the Concur… Read More

Concur CEO Steve Singh

Newsmakers 2012: Steve Singh guides Concur to new heights

Concur Technologies doesn’t get as much attention as its publicly-traded Seattle area counterparts. After all, filling out travel and entertainment expense reports typically ranks right behind going to the dentist. But Concur’s technology, which helps automate expenses at hundreds of companies throughout the world, is getting some serious traction as it enters its 20th year… Read More

Stephen Purpura

Context Relevant inks deal to help Concur mine travel data, raises $1.5 million

Seattle startup Context Relevant today announced that it has entered into a multi-year agreement with Concur Technologies to bring its advanced data analytics offering to the maker of travel and entertainment expense management software. In addition, Context Relevant announced that it has raised an additional $1.5 million from Madrona Venture Group and angel investors. Total… Read More

Concur CEO Steve Singh

Concur forms $150 million fund to bankroll travel-oriented startups

Redmond-based Concur has become more active with its investments in startup companies in recent months, taking stakes in travel-oriented Seattle area companies such as Buuteeq and Yapta. Now, the maker of travel and entertainment expense management software is formalizing its investment program, creating a new $150 million fund for emerging travel-oriented startups. The goal, according to… Read More


Jeff Bezos-backed Workday soars in IPO, now valued more than rival Concur

Workday, a Pleasanton, California-based company that specializes in cloud-based payroll, financial management and employee expense management, is soaring in its initial public offering today. The company, which priced the IPO at $28 under the ticker WDAY, is now trading around $47 per share. The competitor to Redmond-based Concur Technologies is backed by co-founder Jeff… Read More


Tech Moves: Expedia tech vet joins Varolii; EveryMove names marketing chief; NanoString hires CFO; and more

Varolii has named Sunil Shah as vice president of engineering and Patrick Chaney as vice president of professional services. Shah is an Expedia veteran who most recently served as the vice president of engineering at DataSphere Technologies. He previously worked in engineering executive roles at TravelPost, a hotel review site, and Disney Interactive Media Group. At Expedia, where he spent 11… Read More


Concur unveils Trip Maximizer to help sales professionals find prospects

Redmond-based Concur is best known for helping business travelers manage travel and entertainment expenses.  Now, with the addition of Trip Maximizer, the company is looking to go a step further, helping sales professionals locate and communicate with clients. Here’s how the new Trip Maximizer service works: The user inputs their initial travel plans into the Salesforce… Read More


Shares of Concur fall despite revenues increasing 26%

Shares of Concur are down more than five percent in trading today despite the fact that the company beat its expectations for revenue, cash flow and other financial metrics during its fiscal third quarter. “Our core business continues to perform ahead of our expectations across all geographies and channels,” said CEO Steve Singh in a statement…. Read More


Blucora to move HQ to new Bellevue location

There’s a bit of shuffling going on in downtown Bellevue. High-tech clients are moving around the city, with Blucora (formerly InfoSpace) announcing today that it plans to moves it corporate headquarters to 36,763 square feet of space in the Plaza Center building at 10900 NE 8th Street. That’s a stone’s throw from the company’s current office… Read More


Motricity to terminate lease at downtown Bellevue HQ

Motricity, the mobile software company, has entered into a lease termination agreement for the 8th, 9th and 10th floors at its Bellevue headquarters, a SEC filing revealed today. The struggling company plans to give up the 8th floor space at 601 108th Avenue Northeast at the end of this year, with the 9th and 10th… Read More


Firm files protest over Concur’s $1.4B government contract, dubs it an unfair 15-year monopoly

Shares of Concur Technologies soared earlier this month after the Redmond company was awarded a $1.4 billion contract to provide travel and entertainment expense management services to the government, with CEO Steve Singh saying at the time that they were “thrilled” with the decision. But not everyone is happy about it. In a protest filed June… Read More


Big score for Bellevue: Concur to relocate HQ from Redmond

Concur, one of Seattle’s largest technology companies, is leaving its longtime home of Redmond for downtown Bellevue. The maker of travel and entertainment expense management software has secured a lease for 122,742 square-feet at 601 108th Avenue Northeast in the Key Center building, according to a SEC filing today. The company has outgrown its current space in… Read More