Tech Company Financing Transactions
Onit Funding Round
Onit, based in Houston, secured $4.1 million from Austin Ventures and private investors.
Transaction Overview
Company Name
Announced On
1/17/2012
Transaction Type
Venture Equity
Amount
$4,100,000
Round
Series B
Investors
Austin Ventures (Lead Investor) (John Thornton)
Proceeds Purpose
Onit plans to use the funding to accelerate product innovation and expand its line of business productivity and process apps to help companies streamline operations, improve employee productivity and drive customer value.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
1360 Post Oak Blvd. 2200
Houston, TX 77056
USA
Houston, TX 77056
USA
Phone
Website
Email Address
Overview
We understand that each business user's needs are unique and have created a variety of apps that can be customized to your specific needs. Whether you are in HR, Legal, Governance/Risk & Compliance or Sales, we deploy apps for every business department.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Eric Elfman
Chief Financial Officer
York Richards
Chief Technical Officer
Eric Smith
VP - Client Services
Scott Kurtz
VP - Engineering
Bernie Barcio
VP - Marketing
Jill Black
VP - Operations
Cole Morgan
VP - Product Management
John Gilman
VP - Sales
Matthew DenOuden
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About Our VC Transactions Data
We do our best to report on every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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