NZ software firm SwipedOn sells for $11 million

NZ software firm SwipedOn sells for $11 million
Paul McBeth
By Paul McBeth Oct. 17 (BusinessDesk) - Kiwi software firm SwipedOn has been sold to UK company SmartSpace Software for $11 million.  The British company provides workspace management software and has wanted to expand that offering through an acquisition since July. Tauranga-based SwipedOn's software helps visitors sign in when visiting an organisation. Its backers included Ice Angels, Enterprise Angels, New Zealand Venture Investment Fund and K1W1.  The Kiwi firm's annual recurring revenue - a favoured measure among software-as-a-s...