Tech Company Financing Transactions
Model N Funding Round
Model N closed a $11 million financing round on 1/28/2004. Investors included Meritech Capital Partners, Accel Partners and Accel-KKR.
Transaction Overview
Company Name
Announced On
1/28/2004
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Model N plans to use the funds to accelerate their expansion in the life sciences by broadening their application suite to include enhancements for pharmaceutical companies in such areas as government pricing, elevating sales and marketing presence in the life sciences industry, and increasing professional services to support customer deployments
Company Information
Company Status
Publicly-held
Industry
Software
Mailing Address
777 Mariners Island Blvd. 300
San Mateo, CA 94404
USA
San Mateo, CA 94404
USA
Phone
Website
Email Address
Overview
Model N (NYSE: MODN) provides a suite of Revenue Management applications to align the business processes of pricing strategy and execution, contract development and management, contract performance compliance, and payment of trade settlements, such as rebates, chargebacks, and fees.
Management Team
Title
Name
Email & Social
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We do our best to document every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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