Tech Company Financing Transactions

Deem Funding Round

Foundation Capital, JPMorgan Partners and Oak Investment Partners participated in a $100 million funding round for Deem. The financing round was announced on 5/6/2008.

Transaction Overview

Company Name
Announced On
5/6/2008
Transaction Type
Venture Equity
Amount
$100,000,000
Round
Undisclosed
Proceeds Purpose
This funding will be devoted to supporting Rearden Commerce's rapid expansion and development plans due to the widespread adoption of its user- friendly, web-based personal assistant. The company's growth plans include dramatically expanding its B2B penetration and ultimately delivering the Rearden Personal Assistant(TM) to the consumer space. Additionally, the company plans to rapidly scale its on-demand platform, which supports its online personal assistant, with new merchants and third-party applications providers.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
642 Harrison St. 2nd Floor
San Francisco, CA 94107
USA
Email Address
Overview
Deem delivers Commerce-as-a-Service to businesses, enabling them to Save, Sell, and Syndicate.
Profile
Deem LinkedIn Company Profile
Social Media
Deem Company Twitter Account
Company News
Deem News
Facebook
Deem on Facebook
YouTube
Deem on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
John Rizzo
  John Rizzo LinkedIn Profile  John Rizzo Twitter Account  John Rizzo News  John Rizzo on Facebook
VP - Bus. Development
Todd Kaiser
  Todd Kaiser LinkedIn Profile  Todd Kaiser Twitter Account  Todd Kaiser News  Todd Kaiser on Facebook
VP - Customer Service
Paul Houle
  Paul Houle LinkedIn Profile  Paul Houle Twitter Account  Paul Houle News  Paul Houle on Facebook
VP - Sales
Annette Cumming
  Annette Cumming LinkedIn Profile  Annette Cumming Twitter Account  Annette Cumming News  Annette Cumming on Facebook
VP - Sales
David Grace
  David Grace LinkedIn Profile  David Grace Twitter Account  David Grace News  David Grace on Facebook


 

 

Browse more venture capital transactions:

Prev: 5/6/2008: Auspex Pharmaceuticals venture capital transaction
Next: 5/6/2008: Univa venture capital transaction

 

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We do our best to report on every notable VC transaction. 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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