Tech Company Financing Transactions

Neverfail Group Funding Round

On 1/23/2006, Neverfail Group raised $10 million in financing from Volition Capital.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity

Volition Capital (Lead Investor) (Simon Clark)

Proceeds Purpose
Neverfail will use the financing to expand its product line & continue to increase its channel partnerships worldwide and accelerate the company's marketing initiatives in key international markets.

Company Information

Company Status
Private & Independent
Enterprise IT
Mailing Address
14525 Hamilton Pool Rd.
Austin, TX 78738
Email Address
Neverfail's software solutions enable users to remain continuously connected to the live software application irrespective of hardware, software, operating system, or network failures.
Neverfail Group LinkedIn Company Profile
Social Media
Neverfail Group Company Twitter Account
Company News
Neverfail Group News
Neverfail Group on Facebook
Neverfail Group on YouTube

Management Team

Email & Social
Chief Executive Officer
Brian Hierholzer
  Brian Hierholzer LinkedIn Profile  Brian Hierholzer Twitter Account  Brian Hierholzer News  Brian Hierholzer on Facebook
Chief Financial Officer
Michele Cadd
  Michele Cadd LinkedIn Profile  Michele Cadd Twitter Account  Michele Cadd News  Michele Cadd on Facebook
Chief Technical Officer
Mark Almeida-Cardy
  Mark Almeida-Cardy LinkedIn Profile  Mark Almeida-Cardy Twitter Account  Mark Almeida-Cardy News  Mark Almeida-Cardy on Facebook
Chief Technical Officer
Kevin McCarthy
  Kevin McCarthy LinkedIn Profile  Kevin McCarthy Twitter Account  Kevin McCarthy News  Kevin McCarthy on Facebook
General Manager
Michael Wrightson
  Michael Wrightson LinkedIn Profile  Michael Wrightson Twitter Account  Michael Wrightson News  Michael Wrightson on Facebook
VP - Marketing
Joey Terrazas
  Joey Terrazas LinkedIn Profile  Joey Terrazas Twitter Account  Joey Terrazas News  Joey Terrazas on Facebook



Browse more venture capital transactions:

Prev: 1/23/2006: StrongMail Systems venture capital transaction
Next: 1/23/2006: ITA Software venture capital transaction


Share this article


Where The Data Comes From

We do our best to report on tech company VC transactions. VC investment data records reported here are derived from news reports and company announcements. The information is sourced from, an affiliated venture.


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities


Business Glossary