Tech Company Financing Transactions
Approva Funding Round
Approva, based in Herndon, raised $15 million in investment from Sierra Ventures, Columbia Capital and New Enterprise Associates.
Transaction Overview
Company Name
Announced On
4/18/2005
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series C
Investors
Sierra Ventures (Lead Investor) (Timothy Guleri)
Columbia Capital (Arun Gupta)
Novak Biddle Venture Partners (Philip Bronner)
Proceeds Purpose
The new investment brings Approva's total funding to over $30 million, the largest investment in the enterprise controls software marketplace.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
13454 Sunrise Valley Dr. 500
Herndon, VA 20171
USA
Herndon, VA 20171
USA
Phone
Website
Email Address
Not Recorded
Overview
Approva is the leading provider of continuous controls monitoring and audit software.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Charles Phillips
Chief Financial Officer
Jeff Laborde
Chief Operating Officer
Pam Murphy
President
Duncan Angove
President
Stephan Scholl
Browse more venture capital transactions:
Prev: 4/18/2005: SenSage venture capital transaction
Next: 4/19/2005: BDNA venture capital transaction
Share this article
News on VC Transactions
We do our best to report on every notable VC transaction. VC transactions on this site come from publicly available VC deal announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs