Tech Company Financing Transactions

Inertia Beverage Group Funding Round

On 4/3/2007, Inertia Beverage Group raised $8 million in Series B funding from Allegis Capital and Sid R. Bass Associates.

Transaction Overview

Announced On
4/3/2007
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Series B
Investors

Allegis Capital (Lead Investor) (Robert Ackerman)

Sid R. Bass Associates (Lead Investor) (Paul Pappajohn)

Proceeds Purpose
The new financing comes in the wake of Inertia's recent roll-out of its direct-to-trade system allowing wineries to present their wines to restaurants, retailers and consumers, in an online, fully compliant environment.

Company Information

Company Status
Acquired or Merged
Industry
Software
Mailing Address
1190 Airport Blvd. 200
Napa, CA 94558
USA
Email Address
Overview
Inertia Beverage Group, based in Napa, California, is the premier provider of web-based technology used by wineries to manage direct sales and marketing. Inertia's REthink Engine technology is at the heart of the direct sales and marketing efforts of more than 300 wine brands.
Profile
Inertia Beverage Group LinkedIn Company Profile
Social Media
Inertia Beverage Group Company Twitter Account
Company News
Inertia Beverage Group News
Facebook
Inertia Beverage Group on Facebook
YouTube
Inertia Beverage Group on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Joseph Waechter
  Joseph Waechter LinkedIn Profile  Joseph Waechter Twitter Account  Joseph Waechter News  Joseph Waechter on Facebook
Chief Financial Officer
Roy Martinez
  Roy Martinez LinkedIn Profile  Roy Martinez Twitter Account  Roy Martinez News  Roy Martinez on Facebook
Chief Operating Officer
Steve Waller
  Steve Waller LinkedIn Profile  Steve Waller Twitter Account  Steve Waller News  Steve Waller on Facebook


 

 

Browse more venture capital transactions:

Prev: 4/3/2007: Samplify Systems venture capital transaction
Next: 4/3/2007: Syndax Pharmaceuticals venture capital transaction

 

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