Tech Company Financing Transactions
Kiva Systems Funding Round
On 3/28/2005, Kiva Systems raised $6.5 million in Series B funding from Bain Capital Ventures.
Transaction Overview
Company Name
Announced On
3/28/2005
Transaction Type
Venture Equity
Amount
$6,500,000
Round
Series B
Investors
Bain Capital Ventures (Ajay Agarwal)
Proceeds Purpose
Kiva Systems, a fast-growing developer of breakthrough mobile solutions for the dynamic storage, movement and sortation of inventory will use the funds to deliver on pilot contracts it has secured with Fortune 500 companies and scale the organization for future growth.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
300 Riverpark Dr.
North Reading, MA 01864
USA
North Reading, MA 01864
USA
Phone
Website
Email Address
Overview
Kiva is focused on solving real problems in the supply chain. CEO and Founder Mick Mountz experienced the challenges of existing material handling systems first hand while working at online grocer Webvan.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mick Mountz
Chief Financial Officer
Keith Seidman
President
Amy Villeneuve
VP - Manufacturing
Bob Doucette
VP - Marketing
Mitch Rosenberg
VP - R & D
Joe Quinliven
VP - Sales
Lance VandenBrook
Browse more venture capital transactions:
Prev: 3/28/2005: Hotel Booking Solutions venture capital transaction
Next: 3/28/2005: ExaGrid Systems venture capital transaction
Share this article
About Our Venture Capital Transactions Database
Our team works diligently to report on funding rounds that are announced publicly. All VC database entries reported here come from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs