Tech Company Financing Transactions

True Commerce Funding Round

On 10/5/2004, True Commerce raised $4 million in Series A financing from Edison Partners.

Transaction Overview

Company Name
Announced On
10/5/2004
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Series A
Investors

Edison Partners (Lead Investor) (Douglas Petillo)

Proceeds Purpose
The proceeds will be used to expand development, sales and marketing.

Company Information

Company Status
Acquired or Merged
Industry
ECommerce
Mailing Address
6455 City West Parkway
Eden Prairie, MN 55344
USA
Email Address
Overview
True Commerce is a Pittsburgh-based EDI solutions provider founded in 1995. From the beginning, the company vision has been to provide small to mid-tier companies with a comprehensive, end-to-end EDI solution that is easy to implement and fully integrates with their accounting software.
Profile
True Commerce LinkedIn Company Profile
Social Media
True Commerce Company Twitter Account
Company News
True Commerce News
Facebook
True Commerce on Facebook
YouTube
True Commerce on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Russell Fleischer
  Russell Fleischer LinkedIn Profile  Russell Fleischer Twitter Account  Russell Fleischer News  Russell Fleischer on Facebook
Chief Financial Officer
Matt Ouska
  Matt Ouska LinkedIn Profile  Matt Ouska Twitter Account  Matt Ouska News  Matt Ouska on Facebook
General Manager
Nicholas Manolis
  Nicholas Manolis LinkedIn Profile  Nicholas Manolis Twitter Account  Nicholas Manolis News  Nicholas Manolis on Facebook
General Manager
Nick Manolis
  Nick Manolis LinkedIn Profile  Nick Manolis Twitter Account  Nick Manolis News  Nick Manolis on Facebook
General Manager
Amy Stelling
  Amy Stelling LinkedIn Profile  Amy Stelling Twitter Account  Amy Stelling News  Amy Stelling on Facebook
VP - Human Resources
LeeAnn Belski
  LeeAnn Belski LinkedIn Profile  LeeAnn Belski Twitter Account  LeeAnn Belski News  LeeAnn Belski on Facebook
VP - Product Management
Dan Radunz
  Dan Radunz LinkedIn Profile  Dan Radunz Twitter Account  Dan Radunz News  Dan Radunz on Facebook
VP - Sales
Gary Nemmers
  Gary Nemmers LinkedIn Profile  Gary Nemmers Twitter Account  Gary Nemmers News  Gary Nemmers on Facebook


 

 

Browse more venture capital transactions:

Prev: 10/5/2004: Xelerated venture capital transaction
Next: 10/5/2004: Azelon Pharmaceuticals venture capital transaction

 

Share this article

 


About Database of VC Transactions

We report on funding rounds that are announced publicly. VC transactions reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary