Tech Company Financing Transactions
Cherwell Software Funding Round
On 2/28/2017, Cherwell Software raised $50 million in funding from KKR.
Transaction Overview
Company Name
Announced On
2/28/2017
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Undisclosed
Investors
KKR (Vincent Letteri)
Proceeds Purpose
The investment - to make acquisitions and expand its information-technology service management software product line - probably will be used to acquire another company with "complementary" technologies, said Cherwell Chairman Vance Brown, who declined to disclose potential targets.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
10125 Federal Dr. 100
Colorado Springs, CO 80908
USA
Colorado Springs, CO 80908
USA
Phone
Website
Email Address
Overview
At Cherwell, we help organizations achieve their core purpose through the use of intuitive technology that enables better, faster and more affordable innovation.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Vance Brown
Chief Executive Officer
Sam Gilliland
Chief Operating Officer
Steve Rodda
VP - General Counsel
Timothy Pfeifer
VP - Marketing
Scott Gainey
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