Tech Company Financing Transactions

Portaga Funding Round

Ascend Technology Ventures and First Round Capital invested in a $5.8 million Series A funding round for Portaga. The financing round was announced on 8/11/2006.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series A

Ascend Technology Ventures (Lead Investor) (Charles Crockett)

First Round Capital

Proceeds Purpose
Proceeds from the financing will be used to accelerate Portaga's sales, marketing and development efforts.

Company Information

Company Status
Out of Business
Mailing Address
445 Hamilton Avenue 1102
White Plains, NY 10601
Email Address
Portaga is a Microsoft partner and a member of the Open Travel Alliance (OTA). Customers and partners include Avis/Cendant, Sabre, The Travel Management Alliance, Atlas Travel International, Hickory Travel Systems, OpenTable, TRIP Insurance and other well-regarded travel companies across the U.S.
Portaga LinkedIn Company Profile
Social Media
Portaga Company Twitter Account
Company News
Portaga News
Portaga on Facebook
Portaga on YouTube

Management Team

Email & Social
Chief Executive Officer
Robert Kost
  Robert Kost LinkedIn Profile  Robert Kost Twitter Account  Robert Kost News  Robert Kost on Facebook
Chief Financial Officer
Steven Adler
  Steven  Adler LinkedIn Profile  Steven  Adler Twitter Account  Steven  Adler News  Steven  Adler on Facebook
Chief Operating Officer
Evan Newman
  Evan  Newman LinkedIn Profile  Evan  Newman Twitter Account  Evan  Newman News  Evan  Newman on Facebook



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Prev: 8/11/2006: Zenoss venture capital transaction
Next: 8/11/2006: Cohera Medical venture capital transaction


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