Tech Company Financing Transactions
Ravenflow Funding Round
Alloy Ventures, Palomar Ventures and The Roda Group participated in a $6 million capital raise for Ravenflow. The financing round was announced on 4/14/2009.
Transaction Overview
Company Name
Announced On
4/14/2009
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Ravenflow will be deploying the new funding immediately, opening new offices in Reston, Virginia as well as Raleigh, North Carolina. In addition, Ravenflow has just announced the opening of its online store, enabling customers to try and buy its award-winning RAVEN software and its new entry-level product, RAVEN Express.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
401 Congress Ave. 2650
Austin, TX 78701
USA
Austin, TX 78701
USA
Phone
Website
Email Address
Overview
The award-winning RAVEN software for requirements elicitation and definition quickly builds stakeholder consensus on requirements, reduces the time required for stakeholders to approve specifications, reduces developer rework due to requirements errors, and seamlessly integrates requirements and testing.
Management Team
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Our team works diligently to document every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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