Tech Company Financing Transactions
Neverfail Group Funding Round
On 1/23/2006, Neverfail Group raised $10 million in financing from Volition Capital.
Transaction Overview
Company Name
Announced On
1/23/2006
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Investors
Volition Capital (Lead Investor) (Simon Clark)
Proceeds Purpose
Neverfail will use the financing to expand its product line & continue to increase its channel partnerships worldwide and accelerate the company's marketing initiatives in key international markets.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
14525 Hamilton Pool Rd.
Austin, TX 78738
USA
Austin, TX 78738
USA
Phone
Website
Email Address
Overview
Neverfail's software solutions enable users to remain continuously connected to the live software application irrespective of hardware, software, operating system, or network failures.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to report on tech company VC transactions. VC investment data records reported here are derived from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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