Blackbaud News : SaaS

Press Release: New Software-as-a-Service offering to empower prospect researchers with actionable prospect data

Melissa Dodge — Mon, 01 Jun 2009 13:53:00 GMT

Charleston, S.C. (June 1, 2009) – Blackbaud, Inc. (Nasdaq: BLKB), today announced the launch of ResearchPoint™ by Target Analytics™, a solution that helps nonprofits identify, target, and cultivate potential major and planned giving donors. Among the early adopters using ResearchPoint to gain a better understating of their donor bases are Operation Homefront and The Wichita State University (WSU) Foundation. With ResearchPoint, these organizations can now efficiently manage key prospect information and build donor cultivation strategies.

>> Register for a free web seminar on June 17 at 3 p.m. ET or June 24 at 2 p.m. ET
to learn how nonprofits are already benefiting from ResearchPoint.

Read the full press release.

Press Release: The Salvation Army Southern Territory Selects Blackbaud Enterprise CRM

Melanie Mathos — Wed, 03 Dec 2008 16:11:00 GMT

Charleston, S.C. (December 3, 2008) – Blackbaud, Inc. (Nasdaq: BLKB) today announced that The Salvation Army Southern Territory (TSAS) has chosen Blackbaud Enterprise CRM^™ as its centralized database to support the sharing of cross-division information, facilitate improved reporting and streamline operations. At a national level, The Salvation Army raised $2 billion in 2007 and recently ranked No. 2 in The Chronicle of Philanthropy’s “Philanthropy 400” list of organizations that raise the most funds from private sources. Though donations grew at a national level by 23 percent last year, growth in request for aid has surpassed that amount in recent weeks. Although TSAS is a recognized leader in raising support to expand its mission, the Territory will be faced with the tough job of bridging the gap between donations and the rising demand for services in the coming years due to the economic downturn.

Read the full press release here.

Press Release: Blackbaud, Inc. Announces Acquisition of Kintera

Melanie Mathos — Thu, 29 May 2008 20:47:00 GMT

Charleston, S.C. – May 29, 2008 – Blackbaud, Inc. (NASDAQ: BLKB), the leading provider of software and related services designed specifically for nonprofit organizations, announced today that it is acquiring Kintera, Inc. (NASDAQ: KNTA), a pioneer and leading provider of a Software as a Service (SaaS) solution to the nonprofit and government sectors. Under the terms of the agreement, Blackbaud will pay an all-cash purchase price of approximately $46.0 million. Blackbaud expects to finance the deal with cash and borrowings from its credit facility.

Read the full press release here.