Tech Company Financing Transactions

XLerant Funding Round

On 1/24/2012, XLerant raised $3 million in Series B investment from Chrysalis Ventures and Connecticut Innovations.

Transaction Overview

Company Name
Announced On
1/24/2012
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Series B
Investors

Chrysalis Ventures (Lead Investor) (Wright Steenrod)

Connecticut Innovations

Proceeds Purpose
The investment will be used for sales and marketing expansion in North America.

Company Information

Company Status
Acquired or Merged
Industry
Software
Mailing Address
500 Summer Street 400
Stamford, CT 06901
USA
Email Address
Overview
BudgetPak helps control budget inflation by making each decision that impacts the budget transparent, and by making it easy for line managers to develop a valid budget to begin with. Best of all, BudgetPak integrates with your existing planning applications -- from the most sophisticated enterprise systems to Excel.
Profile
XLerant LinkedIn Company Profile
Social Media
XLerant Company Twitter Account
Company News
XLerant News
Facebook
XLerant on Facebook
YouTube
XLerant on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ted Dacko
  Ted Dacko LinkedIn Profile  Ted Dacko Twitter Account  Ted Dacko News  Ted Dacko on Facebook
Chief Technical Officer
Charles Pevsner
  Charles Pevsner LinkedIn Profile  Charles Pevsner Twitter Account  Charles Pevsner News  Charles Pevsner on Facebook
VP - Client Services
Joanne Brunn
  Joanne Brunn LinkedIn Profile  Joanne Brunn Twitter Account  Joanne Brunn News  Joanne Brunn on Facebook
VP - Sales
Bill Alderton
  Bill Alderton LinkedIn Profile  Bill Alderton Twitter Account  Bill Alderton News  Bill Alderton on Facebook


 

 

Browse more venture capital transactions:

Prev: 1/24/2012: SPR Therapeutics venture capital transaction
Next: 1/24/2012: Booyami venture capital transaction

 

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