Tech Company Financing Transactions

FirstRain Funding Round

On 7/15/2003, FirstRain received $8 million in Series B funding from Amidzad Partners, Diamondhead Ventures and Vesbridge Partners.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series B
Proceeds Purpose
firstRain will use the additional funds to continue its sales and marketing efforts, and to further develop its platform and solutions suite.

Company Information

Company Status
Private & Independent
Enterprise IT
Mailing Address
401 Congress Ave. 2650
Austin, TX 78701
Email Address
Develop an intimate knowledge of your markets and your customers. Deeply personal business insights that drive your daily actions and help grow your revenue.
FirstRain LinkedIn Company Profile
Social Media
FirstRain Company Twitter Account
Company News
FirstRain News
FirstRain on Facebook
FirstRain on YouTube

Management Team

Email & Social
Chief Executive Officer
Penny Herscher
  Penny Herscher LinkedIn Profile  Penny Herscher Twitter Account  Penny Herscher News  Penny Herscher on Facebook
Chief Operating Officer
Yy Lee
  Yy Lee LinkedIn Profile  Yy Lee Twitter Account  Yy Lee News  Yy Lee on Facebook
Eugene Tighe
  Eugene Tighe LinkedIn Profile  Eugene Tighe Twitter Account  Eugene Tighe News  Eugene Tighe on Facebook
VP - Engineering
Martin Betz
  Martin Betz LinkedIn Profile  Martin Betz Twitter Account  Martin Betz News  Martin Betz on Facebook
VP - Sales
Scott Weber
  Scott Weber LinkedIn Profile  Scott Weber Twitter Account  Scott Weber News  Scott Weber on Facebook



Browse more venture capital transactions:

Prev: 7/15/2003: KnowledgeStorm venture capital transaction
Next: 7/15/2003: Fiberlink Communications venture capital transaction


Share this article


About Our VC Transactions Data

We do our best to document all VC transactions involving tech companies. VC transactions reported here are sourced from news reports and company announcements. The information comes to us via our partnership with, an affiliated venture.


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities


Business Glossary