Tech Company Financing Transactions

xigo Funding Round

xigo closed a $7 million funding round on 3/11/2008. Backers included North Atlantic Capital, Bain Capital Ventures and BEV Capital.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity

North Atlantic Capital (Lead Investor) (David Coit)

Bain Capital Ventures (Jeffrey Schwartz)

BEV Capital (William Meurer)

Proceeds Purpose
Invoke will use this funding to continue developing its unique enterprise feedback management platform and increase its delivery capabilities across all parts of the company as they expand their customer relationships on a global basis.

Company Information

Company Status
Private & Independent
Mailing Address
5870 Trinity Pkwy. 250
Centreville, VA 20109
Email Address
xigo is the leading provider of Telecom Expense Management solutions delivered through the Software as a Service model. Invoice Insight has developed BillPort, a proprietary, 100% web-native application that provides customers with an unparalleled level of visibility and control over their telecommunications expenses and inventory.
xigo LinkedIn Company Profile
Social Media
xigo Company Twitter Account
Company News
xigo News
xigo on Facebook
xigo on YouTube

Management Team

Email & Social
Chief Executive Officer
David Spofford
  David Spofford LinkedIn Profile  David Spofford Twitter Account  David Spofford News  David Spofford on Facebook
Chief Marketing Officer
David Snow
  David Snow LinkedIn Profile  David Snow Twitter Account  David Snow News  David Snow on Facebook
Chief Operating Officer
Scott Little
  Scott Little LinkedIn Profile  Scott Little Twitter Account  Scott Little News  Scott Little on Facebook
Chief Technical Officer
Robert Smith
  Robert Smith LinkedIn Profile  Robert Smith Twitter Account  Robert Smith News  Robert Smith on Facebook



Browse more venture capital transactions:

Prev: 3/11/2008: Xirrus venture capital transaction
Next: 3/11/2008: EUSA Pharma venture capital transaction


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We do our best to record every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from, an affiliated venture.


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