Monsoon, Inc. Awarded the 2009 Oregon Entrepreneurs Network “Working Capital Company of the Year” Award
Portland, Ore. – September 25, 2009 – Monsoon, Inc., a Portland, Oregon-based online selling solutions company, was awarded the 2009 Tom Holce “Working Capital Company of the Year” award by the Oregon Entrepreneurs Network (OEN).
"We are thrilled to be recognized by the OEN in this extraordinary way,” said Kanth Gopalpur, chief executive officer of Monsoon. “The OEN provides a vital service to start-ups and exciting, growing businesses all over Oregon, and Monsoon is honored to receive the award for Working Capital Company of the Year. This award wouldn’t be possible without the innovative work of everyone at Monsoon and the hard work of all our customers, who drive us to develop best-in-class marketplace selling software.”
Each year, the Oregon Entrepreneurs Network opens up the application process to Oregon companies in three categories: Development Stage, Working Capital Stage, and Growth Stage. Monsoon has experienced significant growth in the past two years, including eight consecutive quarters of profitability.
“Monsoon exemplifies the type of smart, dynamic organization that the OEN looks to support,” stated Linda Weston, executive director and president of OEN. “The Monsoon team has developed a software solution that opens doors to online retailers of all sizes and stripes. They’ve done this in an innovative, creative fashion, and as a Working Capital Stage Company, they manage to give back to the community that has nurtured their success.”
About Oregon Entrepreneurs Network
Founded in 1991, the Oregon Entrepreneurs Network is a not-for-profit corporation dedicated to providing opportunities for Oregon entrepreneurs and improving the business climate for emerging, growth-oriented companies statewide. The organization has members from throughout Oregon and southwest Washington. For more information about the OEN, visit www.oen.org.
Monsoon provides a powerful, scalable online marketplace selling solution that addresses the needs of every type of seller, from the sole proprietor, to the pure online merchant, to “brick-and-mortar” retailers of all sizes. Serving customers worldwide, the company offers end-to-end solutions for management, processing, pricing, and reporting for successful online selling. Monsoon improves a seller’s bottom line and profit margins by streamlining the online selling experience through process improvement and best practices. The company currently works with customers in the US, Canada, and the United Kingdom. For more information, visit www.monsoonworks.com.
Read more about the OEN Awards at the Portland Business Journal.
Contact for Monsoon:
Robin R. Carter