Tech Company Financing Transactions

FirstRain Funding Round

FirstRain, based in Austin, secured $6.4 million in investment from Oak Investment Partners and private investors.

Transaction Overview

Company Name
Announced On
8/2/2011
Transaction Type
Venture Equity
Amount
$6,400,000
Round
Undisclosed
Investors

Oak Investment Partners (Lead Investor) (Bandel Carano)

Proceeds Purpose
This new capital will be used to help maintain our growth trajectory, grow the sales team and invest in the product development that keeps us in the forefront of the B2B digital information industry.

Company Information

Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
401 Congress Ave. 2650
Austin, TX 78701
USA
Email Address
Overview
Develop an intimate knowledge of your markets and your customers. Deeply personal business insights that drive your daily actions and help grow your revenue.
Profile
FirstRain LinkedIn Company Profile
Social Media
FirstRain Company Twitter Account
Company News
FirstRain News
Facebook
FirstRain on Facebook
YouTube
FirstRain on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Penny Herscher
  Penny Herscher LinkedIn Profile  Penny Herscher Twitter Account  Penny Herscher News  Penny Herscher on Facebook
Chief Operating Officer
Yy Lee
  Yy Lee LinkedIn Profile  Yy Lee Twitter Account  Yy Lee News  Yy Lee on Facebook
Controller
Eugene Tighe
  Eugene Tighe LinkedIn Profile  Eugene Tighe Twitter Account  Eugene Tighe News  Eugene Tighe on Facebook
VP - Engineering
Martin Betz
  Martin Betz LinkedIn Profile  Martin Betz Twitter Account  Martin Betz News  Martin Betz on Facebook
VP - Sales
Scott Weber
  Scott Weber LinkedIn Profile  Scott Weber Twitter Account  Scott Weber News  Scott Weber on Facebook


 

 

Browse more venture capital transactions:

Prev: 8/2/2011: Securus Medical Group venture capital transaction
Next: 8/2/2011: Erly venture capital transaction

 

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About Our VC Transactions Data

We do our best to document all VC transactions involving tech companies. VC transactions 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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