Tech Company Financing Transactions
8thBridge Funding Round
8thBridge, based in Minneapolis, raised $5 million in investment from Split Rock Partners.
Transaction Overview
Company Name
Announced On
1/25/2010
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Series A
Investors
Split Rock Partners (Michael Gorman)
Proceeds Purpose
The funding from Split Rock Partners will enable Alvenda to scale its operations to meet the growing demand for distributed commerce solutions and expand its business development team. We are pleased to support their growth.
Company Information
Company Status
Acquired or Merged
Industry
ECommerce
Mailing Address
110 Fifth St. North 420
Minneapolis, MN 55403
USA
Minneapolis, MN 55403
USA
Phone
Website
Email Address
Overview
Merchants partner with 8thBridge to create social shopping experiences for their customers inside Facebook and on their ecommerce sites. Customers are empowered to shop with merchants on their own terms in a shopping experience that is portable, personalized, and participatory.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 1/25/2010: Better Place venture capital transaction
Next: 1/25/2010: Cymbet venture capital transaction
Share this article
News on VC Transactions
We do our best to record every notable VC transaction. VC investment data records on this site are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs