Concur bookings growing fast, put damper on short-term results

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As we noted last month, Concur is growing so fast that it can’t quite keep up with demand. The Redmond maker of travel and entertainment expense management software warned Wall Street a few weeks ago that its second quarter revenues would not meet expectations, and now here’s a look at the actual results. The company… Read More…

Egencia partners with Concur to make business travel simple

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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 punctures lung in bike accident, misses big Fusion client event

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Concur CEO Steve Singh suffered a punctured lung and other injuries in a bike accident in Hawaii this past weekend, causing the technology executive to miss the company’s big Fusion client and partner event taking place in Las Vegas this week. In a message to GeekWire, Singh said that he was on Spring Break with… Read More…

Concur’s Q2 revenue growth rate will fall short, but that’s because business is so good

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Here’s the bad news. Concur, the Redmond maker of travel and entertainment expense management software, warned Wall Street this morning that it’s revenue growth for its fiscal second quarter won’t meet expectations. Now, here’s the good news. The reason for that slump in growth is that Concur is booking new business at a rapid clip,… Read More…

Concur buys conTgo to help business travelers plan better trips

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Concur continues on its quest to deliver the perfect travel experience to business travelers, and today it added another piece to that goal by purchasing conTgo in a deal of undisclosed size. Based in Australia and the UK, conTgo offers a number of services that are designed to make the travel experience more efficient. One… Read More…

Concur leads $9 million investment in Nor1, a service to help hotels upsell guests

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Concur continues to put money to work in the online travel arena, announcing today that it is leading a $9 million investment in Nor1. The Silicon Valley company has developed a technology to help hotels upsell guests on their existing hotel reservations, driving additional revenue for hotel chains. The funding comes a few weeks after Concur… Read More…

Newsmakers 2012: Steve Singh guides Concur to new heights

Concur CEO Steve Singh

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…

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

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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 forms $150 million fund to bankroll travel-oriented startups

Concur CEO Steve Singh

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

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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 Amazon.com co-founder Jeff… Read More…