Tech Company Financing Transactions

Correctnet Funding Round

Correctnet, based in New York, secured $5 million in investment from Edison Partners, NewSpring Capital and TL Ventures.

Transaction Overview

Company Name
Announced On
6/28/2006
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Undisclosed
Investors

Edison Partners (Lead Investor) (Michael Kopelman)

NewSpring Capital

TL Ventures

Proceeds Purpose
Correctnet will utilize the proceeds for sales and marketing and technology development.

Company Information

Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
40 Fulton Street 11th Floor
New York, NY 10038
USA
Email Address
Overview
CorrectNet is one of today's leading innovators in harnessing data to power critical reporting and process automation solutions. The firm has established an enviable track record of providing enterprise data management and reporting solutions to the financial services industry.
Profile
Correctnet LinkedIn Company Profile
Social Media
Correctnet Company Twitter Account
Company News
Correctnet News
Facebook
Correctnet on Facebook
YouTube
Correctnet on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Rob Flatley
  Rob Flatley LinkedIn Profile  Rob Flatley Twitter Account  Rob Flatley News  Rob Flatley on Facebook
Chief Financial Officer
Evan Lorch
  Evan Lorch LinkedIn Profile  Evan Lorch Twitter Account  Evan Lorch News  Evan Lorch on Facebook
Chief Operating Officer
John Mason
  John Mason LinkedIn Profile  John Mason Twitter Account  John Mason News  John Mason on Facebook
President
Robert Miller
  Robert Miller LinkedIn Profile  Robert Miller Twitter Account  Robert Miller News  Robert Miller on Facebook
VP - Sales
Todd Rudley
  Todd Rudley LinkedIn Profile  Todd Rudley Twitter Account  Todd Rudley News  Todd Rudley on Facebook


 

 

Browse more venture capital transactions:

Prev: 6/27/2006: Mu Dynamics venture capital transaction
Next: 6/28/2006: Cranite Systems venture capital transaction

 

Share this article

 


Where The Data Comes From

We do our best to report on tech company VC transactions. 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.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary