Tech Company Financing Transactions

SpringCM Funding Round

On 10/30/2006, SpringCM received $8 million in funding from Foundation Capital and Silicon Valley Bank.

Transaction Overview

Company Name
Announced On
10/30/2006
Transaction Type
Debt
Venture Equity
Amount
$8,000,000
Round
Undisclosed
Investors

Foundation Capital (Lead Investor) (Warren Weiss)

Silicon Valley Bank

Proceeds Purpose
CEO Christine Mason McCaull, who commutes between Chicago and northern California, said investment proceeds will be used to grow the company to 40 employees from 27 by year-end. The focus will be on hiring sales and marketing professionals.

Company Information

Company Status
Acquired or Merged
Industry
Software
Mailing Address
180 North LaSalle St. 6th Floor
Chicago, IL 60601
USA
Email Address
Overview
Our integrated subscription solution incorporates enterprise search, remote storage, collaboration and content distribution technologies completely on demand. SpringCM combines mature technologies with innovations from our R&D lab to offer applications designed to serve people, so that people don't end up serving the technology.
Profile
SpringCM LinkedIn Company Profile
Social Media
SpringCM Company Twitter Account
Company News
SpringCM News
Facebook
SpringCM on Facebook
YouTube
SpringCM on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Daniel Degan
  Daniel Degan LinkedIn Profile  Daniel Degan Twitter Account  Daniel Degan News  Daniel Degan on Facebook
Chief Information Officer
Chris King
  Chris King LinkedIn Profile  Chris King Twitter Account  Chris King News  Chris King on Facebook
Chief Marketing Officer
William Wiegler
  William Wiegler LinkedIn Profile  William Wiegler Twitter Account  William Wiegler News  William Wiegler on Facebook
Chief Technical Officer
Antonis Papatsaras
  Antonis Papatsaras LinkedIn Profile  Antonis Papatsaras Twitter Account  Antonis Papatsaras News  Antonis Papatsaras on Facebook
President
Greg Buchholz
  Greg Buchholz LinkedIn Profile  Greg Buchholz Twitter Account  Greg Buchholz News  Greg Buchholz on Facebook
VP - Customer Service
Jeff Piper
  Jeff  Piper LinkedIn Profile  Jeff  Piper Twitter Account  Jeff  Piper News  Jeff  Piper on Facebook
VP - Sales
Karry Kleeman
  Karry Kleeman LinkedIn Profile  Karry Kleeman Twitter Account  Karry Kleeman News  Karry Kleeman on Facebook


 

 

Browse more venture capital transactions:

Prev: 10/30/2006: Spot Runner venture capital transaction
Next: 10/30/2006: TopTen Sources venture capital transaction

 

Share this article

 


Where The Data Comes From

We do our best to report on funding rounds that are announced publicly. All VC database entries on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary