Tech Company Financing Transactions
Varicent Software Funding Round
Varicent Software closed a $35 million funding round on 10/27/2009. Backers included FTV Capital, EdgeStone Capital and RBC Technology Ventures.
Transaction Overview
Company Name
Announced On
10/27/2009
Transaction Type
Venture Equity
Amount
$35,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The funds raised will allow Varicent to continue its momentum as the leader in the SPM market. The company plans to further expand its international business, building on the successful launch of EMEA and APAC operations earlier in the year, accelerate the development of new features and functionality in its innovative sales performance management solution, Varicent SPM, broaden its reach into new verticals, and advance its mid-market penetration.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
4900 SW Griffith Drive 122
Beaverton, OR 97005
USA
Beaverton, OR 97005
USA
Phone
Website
Email Address
Overview
Varicent Software Incorporated delivers the only complete sales performance management (SPM) solution addressing the needs of the entire corporation.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Dan Shimmerman
Chief Financial Officer
Donna Winter
Executive Vice President
Marc Altshuller
VP - Bus. Development
Bruce Jackson
VP - Bus. Development
Martin Saipe
VP - Customer Service
Beth Carroll
VP - Marketing
Brian Hartlen
VP - Operations
Mark Girvan
Browse more venture capital transactions:
Prev: 10/27/2009: ResponseLogix venture capital transaction
Next: 10/27/2009: Netpulse venture capital transaction
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Where The Data Comes From
We report on funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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