Tech Company Financing Transactions
Q4bis Funding Round
TVC Capital invested in a $6 million Series A funding round for Q4bis. The round was recorded on 7/24/2007.
Transaction Overview
Company Name
Announced On
7/24/2007
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Series A
Investors
TVC Capital (Lead Investor) (Jeb Spencer)
Proceeds Purpose
Herbert Schoenek, CEO of Q4bis, stated, "The financial resources we are acquiring from our partnership with TVC Capital, LLC will enable us to continue our global growth in the expanding business intelligence markets in the Americas, Europe and Asia Pacific. We will use this capital to ensure we continue to enhance our solutions to the midrange market where the fastest growth is occurring for decision support products running on the Microsoft SQL database."
Company Information
Company Status
Out of Business
Industry
Software
Mailing Address
24 Executive Park 200
Irvine, CA 92614
USA
Irvine, CA 92614
USA
Phone
Website
Email Address
Overview
Q4bis produces and markets a complete, end-to-end business intelligence (BI) suite of products built around Microsoft's tool set: SQL Server 2005, OLAP technology and Reporting Services. Q4bis has gained a reputation for excellence in developing and providing BI solutions to companies globally.
Management Team
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We do our best to report on every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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