Tech Company Financing Transactions
Kiva Systems Funding Round
On 3/24/2006, Kiva Systems raised $10 million in Series C funding from Bain Capital Ventures.
Transaction Overview
Company Name
Announced On
3/24/2006
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series C
Investors
Bain Capital Ventures (Lead Investor)
Proceeds Purpose
Funds will be used to expand manufacturing and service capacity as the company completes multiple deployments for customers throughout the U.S. in 2006, officials said.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
300 Riverpark Dr.
North Reading, MA 01864
USA
North Reading, MA 01864
USA
Phone
Website
Email Address
Overview
Kiva is focused on solving real problems in the supply chain. CEO and Founder Mick Mountz experienced the challenges of existing material handling systems first hand while working at online grocer Webvan.
Management Team
Title
Name
Email & Social
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