Tech Company Financing Transactions
Intervolve Funding Round
NC IDEA participated in a $2 million funding round for Intervolve. The round was announced by the company on 4/25/2006.
Transaction Overview
Company Name
Announced On
4/25/2006
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Undisclosed
Investors
NC IDEA (William Neal)
Proceeds Purpose
The Raleigh-based company, which provides software that allows businesses to automate sales and
distribution information, plans to use about $1.4 million of the funding in two areas: speeding up
the installation of its software for customers and developing new products.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
4141 Parklake Ave. 530
Raleigh, NC 27612
USA
Raleigh, NC 27612
USA
Phone
Website
Email Address
Overview
Intervolve, Inc. was founded in 1999 by individuals with technical expertise in and knowledge of the beer industry. In 2001 DistributionSuite, a business intelligence and retail execution tool for beer wholesalers, was released.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Bill Kaluza
VP - Bus. Development
Sri Vijayasarathy
VP - Client Services
Dawn Dowd
VP - Marketing
Tom Marx
VP - Sales
Mason Koffman
Browse more venture capital transactions:
Prev: 4/25/2006: oDesk venture capital transaction
Next: 4/25/2006: Endwave venture capital transaction
Share this article
Where The Data Comes From
We do our best to document every notable VC transaction. VC investment data records 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