Welcome!

@CloudExpo Authors: Zakia Bouachraoui, Pat Romanski, Yeshim Deniz, Liz McMillan, Elizabeth White

News Feed Item

Social Sector Ventures Invests in Affinaquest’s Innovative Donor Management System

Affinaquest, the powerful and versatile nonprofit donor management system built on the innovative salesforce.com platform, announced today that it has received growth capital from Social Sector Ventures. The new capital will be used to expand its product functionality and support services, as well as sales and marketing activities to meet the rapidly growing interest from the nonprofit community.

“Affinaquest is generating tremendous attention because it’s based on a data model that has been refined over the last 40 years to enable faster and cleaner data entry and reporting and it has been built on the robust, state-of-the-art salesforce.com cloud based platform. When compared to many of the legacy systems in the market today, it is clear that Affinaquest is a dynamic and fresh solution for the complex donor development and acquisition challenges faced by today’s fundraising professionals,” says company founder, Jeff Shy.

“When leading nonprofit institutions are purchasing a donor management system they have relatively few options to choose from due to technology vendor consolidation in the past five years,” says John Walvoord, Ph.D., founder of Social Sector Ventures. “Affinaquest is changing the game, giving nonprofit institutions not only a modern choice in technology for donor management, but also providing a new option in database paradigms. By building Affinaquest on the best-of-class salesforce.com platform, Affinaquest makes it possible for additional applications to seamlessly integrate with donor management.”

Jeff Shy, a nonprofit CRM veteran who has developed nine advanced Donor Management Systems for nonprofit organizations and university advancement offices, will continue to lead Affinaquest as President and Chief Technology Officer. Dr. Walvoord, a long-time thought leader in donor management and multichannel marketing for the nonprofit community, joins the Affinaquest board as Chairman.

Affinaquest will remain a privately held company serving the specialized needs of nonprofit institutions. Additionally, “Social Sector Ventures is providing funding to assure continued product innovation. We are also expanding strategic partnerships for consulting, integration and implementation services,” says Dr. Walvoord.

“Technology vendor consolidation has lead to a disconcerting array of discontinued products and services that disrupt rather than serve the nonprofit market,” says Dr. Walvoord. “Social Sector Ventures provides the funding that allows entrepreneurs and their families to fulfill their vision without losing control of their companies. Our goal is to create and grow companies focused on serving nonprofit institutions rather than on exploiting nonprofits to build monolithic companies. Entrepreneurs with a vision to change the world are creating an alternative value system by building best of breed companies that are built to serve--and thus built to last.”

About AFFINAQUEST

Affinaquest, founded in 2009, is setting a new standard for 21st century fundraising and communication for great education and nonprofit causes. With an unparalleled data model and innovative data architecture built on the award-winning salesforce.com platform, Affinaquest helps transform complex data into actionable information that nonprofit leaders can effectively use to build compelling campaigns and forge long-lasting relationships with donors, advocates and alumni.

About SOCIAL SECTOR VENTURES

Social Sector Ventures supports entrepreneurs who develop innovative ideas and communication technologies that empower nonprofit organizations to do more good. It incubates and accelerates solutions to unleash donor generosity in ways that are scalable, efficient and in tune with changing donor preferences. Social Sector Ventures portfolio companies are helping raise and manage billions of dollars to meet human needs and create a better, safer and kinder world.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

CloudEXPO Stories
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by FTC, CUI/DFARS, EU-GDPR and the underlying National Cybersecurity Framework suggest the need for a ground-up re-thinking of security strategies and compliance actions. This session offers actionable advice based on case studies to demonstrate the impact of security and privacy attributes for the cloud-backed IoT and AI ecosystem.
Transformation Abstract Encryption and privacy in the cloud is a daunting yet essential task for both security practitioners and application developers, especially as applications continue moving to the cloud at an exponential rate. What are some best practices and processes for enterprises to follow that balance both security and ease of use requirements? What technologies are available to empower enterprises with code, data and key protection from cloud providers, system administrators, insiders, government compulsion, and network hackers? Join Ambuj Kumar (CEO, Fortanix) to discuss best practices and technologies for enterprises to securely transition to a multi-cloud hybrid world.
The deluge of IoT sensor data collected from connected devices and the powerful AI required to make that data actionable are giving rise to a hybrid ecosystem in which cloud, on-prem and edge processes become interweaved. Attendees will learn how emerging composable infrastructure solutions deliver the adaptive architecture needed to manage this new data reality. Machine learning algorithms can better anticipate data storms and automate resources to support surges, including fully scalable GPU-centric compute for the most data-intensive applications. Hyperconverged systems already in place can be revitalized with vendor-agnostic, PCIe-deployed, disaggregated approach to composable, maximizing the value of previous investments.
To Really Work for Enterprises, MultiCloud Adoption Requires Far Better and Inclusive Cloud Monitoring and Cost Management … But How? Overwhelmingly, even as enterprises have adopted cloud computing and are expanding to multi-cloud computing, IT leaders remain concerned about how to monitor, manage and control costs across hybrid and multi-cloud deployments. It’s clear that traditional IT monitoring and management approaches, designed after all for on-premises data centers, are falling short in this new hybrid and dynamic environment.
With more than 30 Kubernetes solutions in the marketplace, it's tempting to think Kubernetes and the vendor ecosystem has solved the problem of operationalizing containers at scale or of automatically managing the elasticity of the underlying infrastructure that these solutions need to be truly scalable. Far from it. There are at least six major pain points that companies experience when they try to deploy and run Kubernetes in their complex environments. In this presentation, the speaker will detail these pain points and explain how cloud can address them.