Sidetrade: sets up and invests $24M in Canada


(CercleFinance.com) – Sidetrade announces the acceleration of its expansion in North America with a $24 million investment plan and the creation of 110 full-time jobs in Calgary (Canada) over the next three years.

Sidetrade is an Artificial Intelligence platform dedicated to securing and generating business cashflow.

One year after the launch of its operations in North America, Sidetrade is ahead of its targets and posted 58% of order intake in North America.

At the same time, the SaaS vendor was recognized by Gartner as one of the three global leaders in its Magic Quadrant for Invoice-to-Cash applications.

Sidetrade plans to fill 110 new positions and is recruiting a variety of profiles.

Olivier Novasque, President and CEO of Sidetrade, said: ‘Our establishment in Calgary is an accelerator of our activities for the entire North American continent and will provide strong support to our customers around the world. We have the vision and the resources to become a global leader in AI-driven Order-to-Cash applications. ‘

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