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Canandaigua firm posts revenue growth

ClearMomentum Inc., a Canandaigua-based financial performance management software and services company, achieved record growth in 2009, with revenues up 55 percent from 2008, company officials said this week.

The company generates $1 million in revenues annually, representatives of the Trillium Group LLC said in November in announcing an investment into ClearMomentum.

ClearMomentum, founded in 2005, has increased its revenue in each of the last five quarters, officials said.

The company added four private-equity customers in 2009, and has added American Rock Salt LLC in Livingston County and the Infotonics Technology Center Inc. to its portfolio of clients.

(c) 2010 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or e-mail rbj@rbj.net.

 

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