Tech Company Financing Transactions
True Commerce Funding Round
On 10/5/2004, True Commerce raised $4 million in Series A financing from Edison Partners.
Transaction Overview
Company Name
Announced On
10/5/2004
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Series A
Investors
Edison Partners (Lead Investor) (Douglas Petillo)
Proceeds Purpose
The proceeds will be used to expand development, sales and marketing.
Company Information
Company Status
Acquired or Merged
Industry
ECommerce
Mailing Address
6455 City West Parkway
Eden Prairie, MN 55344
USA
Eden Prairie, MN 55344
USA
Phone
Website
Email Address
Overview
True Commerce is a Pittsburgh-based EDI solutions provider founded in 1995. From the beginning, the company vision has been to provide small to mid-tier companies with a comprehensive, end-to-end EDI solution that is easy to implement and fully integrates with their accounting software.
Management Team
Title
Name
Email & Social
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