Tech Company Financing Transactions
Avectra Funding Round
On 10/29/2007, Avectra secured $26.5 million in Series A funding from Sterling Partners and HarbourVest Partners.
Transaction Overview
Company Name
Announced On
10/29/2007
Transaction Type
Venture Equity
Amount
$26,500,000
Round
Series A
Investors
Sterling Partners (Lead Investor) (Jeffrey Moss)
Proceeds Purpose
Avectra plans to use the capital from this investment to accelerate the development of netFORUM for all three of its customer groups and expand its industry leading customer service center. In addition, Avectra also plans to expand its sales and marketing efforts to promote the offering more broadly throughout North America and the international communities.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
7901 Jones Branch Dr. 500
McLean, VA 22102
USA
McLean, VA 22102
USA
Phone
Website
Email Address
Overview
Avectra is the leading provider of on demand Web-based membership management software solutions that are result of more than 14 years of experience serving member-based organizations of every size and discipline. Avectra's netFORUM solutions enable organizations of all sizes to experience world class membership management.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Richard Davis
Chief Financial Officer
Russ Odom
General Manager
Craig Dellorso
VP - Bus. Development
Mark Yohai
VP - Marketing
Patrick Dorsey
VP - R & D
Don Prodehl
VP - Sales
Peggy Padalino
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Where The Data Comes From
We record all VC transactions involving tech companies. VC investment data records on this site are derived from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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