Tech Company Financing Transactions

InnoCentive Funding Round

InnoCentive closed a $9 million Series A financing round on 2/1/2006. Investors included Spencer Trask Group, Lilly Ventures and Omidyar Network.

Transaction Overview

Company Name
InnoCentive
Announced On
2/1/2006
Transaction Type
Venture Equity
Amount
$9,000,000
Round
Series A
Investors

Spencer Trask Group (Lead Investor) (Stephen McGrath)

Lilly Ventures

Omidyar Network (Douglas Solomon)

Proceeds Purpose
This round of funding will support further platform development and commercial expansion.

Company Information

Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
265 Winter St. 2nd Floor
Waltham, MA 02451
USA
Phone
978-482-3300
Website
www.innocentive.com
Email Address
[email protected]
Overview
InnoCentive helps clients to engage a world of creative and diverse on-demand talent to rapidly generate novel ideas and solve important problems.
Profile
InnoCentive LinkedIn Company Profile
Social Media
InnoCentive Company Twitter Account
Company News
InnoCentive News
Facebook
InnoCentive on Facebook
YouTube
InnoCentive on YouTube

Management Team

Title
Name
Email & Social
Founder
Alpheus Bingham
  Alpheus Bingham LinkedIn Profile  Alpheus Bingham Twitter Account  Alpheus Bingham News  Alpheus Bingham on Facebook
Vice President
Jon Fredrickson
  Jon Fredrickson LinkedIn Profile  Jon Fredrickson Twitter Account  Jon Fredrickson News  Jon Fredrickson on Facebook
VP - Bus. Development
Steven Drew
  Steven Drew LinkedIn Profile  Steven Drew Twitter Account  Steven Drew News  Steven Drew on Facebook
VP - Finance
Richard Barletta
  Richard Barletta LinkedIn Profile  Richard Barletta Twitter Account  Richard Barletta News  Richard Barletta on Facebook

 

 

Browse more venture capital transactions:

Prev: 1/31/2006: Silver Peak venture capital transaction
Next: 2/1/2006: Amalfi Semiconductor venture capital transaction

 

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Our team works diligently to report on tech company VC transactions. All VC database entries reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.

 

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