The software company that links freelance software professionals to businesses, Gun.io, has recently announced an agreement of acquisition regarding Centresource, a leader in product development services. Centresource was founded in 2003 and held as a standard for up and coming web and mobile app development.
This move comes as part of Gun.io’s growth strategy which has yielded three consecutive years of triple-digit revenue growth.
“The Centresource team is world class, and passionate about the same thing we are—creating great software,” stated Teja Yenamandra, Founder, and CEO of Gun.io. “By combining forces with one of Nashville’s best software shops, we can connect their talent with our clients, and their clients with tens of thousands of freelancers around the world.” Gun.io currently partners with localized development agencies across the U.S. to provide a platform for scaling and expanding talent rosters, but this is the first of several planned acquisitions over the next several months.
“Gun.io is the perfect fit for us. They are building the world’s first platform exclusively powered by freelance software developers, and have a novel approach to creating the right incentive structure for engineers to build amazing products,” said Nicholas Holland, Founder of Centresource. “We are united by a common culture based on a passion for innovating and driving the client and developer experience.”
“The software development industry is moving towards a remote, just-in-time model,” added Mr. Yenamandra. “Gun.io’s platform provides clients with access to a flexible bench of over twenty-thousand freelance software developers, allowing clients to pick precisely the right mix of talent they need at any given time.”
Edited by K. Fanning
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