Tech Company Financing Transactions

Parature Funding Round

On 5/7/2008, Parature secured $16 million in Series B financing from Accel Partners, private investors and Sierra Ventures.

Transaction Overview

Company Name
Announced On
5/7/2008
Transaction Type
Venture Equity
Amount
$16,000,000
Round
Series B
Investors

Accel Partners (Lead Investor) (Richard Wong)

private investors (Ching-Ho Fung)

Sierra Ventures (Vispi Daver)

Valhalla Partners (Gene Riechers)

Proceeds Purpose
This funding will be used to fuel Parature's aggressive company growth including, expanding sales distribution, increasing marketing efforts, and continuing investment in product innovation and business development activities.

Company Information

Company Status
Acquired or Merged
Industry
Software
Mailing Address
13625 Dulles Technology Drive B
Herndon, VA 20171
USA
Email Address
Overview
Parature, the leader of online support software enables companies to improve their internal and external support, while reducing costs. Through its suite of modules, Parature allows companies to provide critical self servicing information on a 24x7 basis via the web, resulting in reduction of inbound support load and therefore reducing support costs.
Profile
Parature LinkedIn Company Profile
Social Media
Parature Company Twitter Account
Company News
Parature News
Facebook
Parature on Facebook
YouTube
Parature on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ching Fung
  Ching Fung LinkedIn Profile  Ching Fung Twitter Account  Ching Fung News  Ching Fung on Facebook
Chief Financial Officer
Robert Aldrich
  Robert Aldrich LinkedIn Profile  Robert Aldrich Twitter Account  Robert Aldrich News  Robert Aldrich on Facebook
Chief Technical Officer
Matt Walnock
  Matt Walnock LinkedIn Profile  Matt Walnock Twitter Account  Matt Walnock News  Matt Walnock on Facebook
Founder
Duke Chung
  Duke Chung LinkedIn Profile  Duke Chung Twitter Account  Duke Chung News  Duke Chung on Facebook
VP - Customer Service
David Huang
  David Huang LinkedIn Profile  David Huang Twitter Account  David Huang News  David Huang on Facebook
VP - Sales
Jesse Sun
  Jesse Sun LinkedIn Profile  Jesse Sun Twitter Account  Jesse Sun News  Jesse Sun on Facebook


 

 

Browse more venture capital transactions:

Prev: 5/6/2008: Cardiva Medical venture capital transaction
Next: 5/7/2008: Spot Runner venture capital transaction

 

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