BENGALURU, June 22: Business software
marketplace G2 is planning for an IPO to expand its global
presence.
G2 is a IT buyers platform where they can discover
and buy software and avail of service to solve specific
issues.
“We’ve raised funds and acquired companies. Also, we
are now financially in a good position. G2 is looking at IPO
as the next phase of its growth,” G2 co-founder and president
Tim Handorf on Saturday.
The company is excited to grow with its office in
Bengaluru known for its technology innovation and talent, he
said.
The city is a perfect place for G2 to expand its
footprint to help businesses, he added.
The company provides customers and people’s reviews
and compares them with competitors.
There are more than 7,85,000 independent and
authenticated user reviews read by more than three million
buyers each month on the company’s platform, Handorf said.
It is spread across nearly 100,000 products in over
1,000 categories, he said.
Themodel brings transparency to B2B buying to
change the way decisions are made, Handorf said.
Inaugurating G2’s APAC headquarters earlier, he said
the company makes it easy for businesses to select and manage
technology in a world where B2B technology options are growing
exponentially and their technology decisions would have a
tremendous impact on their success.
The company had acquired Siftery, a startup based
out of India, which builds its own database of business
software to provide service to businesses. (PTI)
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