Expensewatch.com was founded in 2000 and released its first version of its expense control service in 2003. The company is run by an experienced management team with a Board of Directors that offers exceptional complimentary skills. Currently more than 14,000 subscribers in 16 countries use the expensewatch.com system. With headquarters in Conshohocken, Pa., the company is privately held. Representative of the growing market acceptance of on-demand solutions by small-to-midsized companies, in 2006 expensewatch.com achieved greater than 200% year-over-year growth for the third straight year. Further validating the market demand and expensewatch.com’s ability to align to that demand, existing investor, Bezos Expeditions, the personal investment company of Jeff Bezos, completed a private equity buyout of the company in March 2007.