Tech Company Financing Transactions

First Coverage Funding Round

Commonwealth Capital Ventures, GrandBanks Capital and JLA Ventures joined a $9 million Series B venture round for First Coverage. This VC investment round was announced on 6/2/2008.

Transaction Overview

Company Name
Announced On
6/2/2008
Transaction Type
Venture Equity
Amount
$9,000,000
Round
Series B
Investors

Commonwealth Capital Ventures (Lead Investor) (Jeffrey Hurst)

GrandBanks Capital (Ryan Moore)

JLA Ventures (John Albright)

Proceeds Purpose
This most recent expansion round will be used to further First Coverage's growth via both product development and geographic expansion, among other activities.

Company Information

Company Status
Acquired or Merged
Industry
FinTech
Mailing Address
260 Franklin St. 900
Boston, MA 02210
USA
Email Address
Overview
First Coverage (formerly iSequent) is a privately-held Canadian company which was founded in 2005 through the combined efforts of financial industry experts and successful technology entrepreneurs.
Profile
First Coverage LinkedIn Company Profile
Social Media
First Coverage Company Twitter Account
Company News
First Coverage News
Facebook
First Coverage on Facebook
YouTube
First Coverage on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Roland Beaulieu
  Roland Beaulieu LinkedIn Profile  Roland Beaulieu Twitter Account  Roland Beaulieu News  Roland Beaulieu on Facebook
Controller
Pamela Narain
  Pamela Narain LinkedIn Profile  Pamela Narain Twitter Account  Pamela Narain News  Pamela Narain on Facebook
VP - Engineering
Todd Brown
  Todd Brown LinkedIn Profile  Todd Brown Twitter Account  Todd Brown News  Todd Brown on Facebook
VP - Product Management
Jonas Burton
  Jonas Burton LinkedIn Profile  Jonas Burton Twitter Account  Jonas Burton News  Jonas Burton on Facebook
VP - Sales
John Horcher
  John Horcher LinkedIn Profile  John Horcher Twitter Account  John Horcher News  John Horcher on Facebook


 

 

Browse more venture capital transactions:

Prev: 5/30/2008: Divergence venture capital transaction
Next: 6/2/2008: American Biomass venture capital transaction

 

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Where The Data Comes From

Our team works diligently to document every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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