Tech Company Financing Transactions
PowerSteering Software Funding Round
Advent International, Hudson Ventures and MMV Financial participated in a $3.5 million venture round for PowerSteering Software. The financing round was announced on 4/7/2008.
Transaction Overview
Company Name
Announced On
4/7/2008
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$3,500,000
Round
Undisclosed
Investors
Proceeds Purpose
The funding will support several customer satisfaction initiatives to improve performance for international customers in remote locations, strengthen 24 x 7 global customer support and worldwide hosting services, and facilitate new Enterprise PPM product enhancements in its upcoming Spring 2008 release.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
401 Congress Ave. 1850
Austin, TX 78701
USA
Austin, TX 78701
USA
Phone
Email Address
Not Recorded
Overview
PowerSteering Enterprise is the only On-Demand PPM software used across the enterprise. Our easy-to-use software provides executives, business users, and IT professionals with better strategy alignment, executive visibility and team productivity capabilities to improve their business performance.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jack McDonald
Chief Financial Officer
Mike Hill
VP - Client Services
Doug Riseberg
VP - Marketing
Linda Duchin
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We report on funding rounds that are announced publicly. All VC database entries reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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