Tech Company Financing Transactions

Aravo Solutions Funding Round

On 12/2/2009, Aravo Solutions announced $27 million in Series D funding from Cisco Investments and private investors.

Transaction Overview

Company Name
Announced On
12/2/2009
Transaction Type
Venture Equity
Amount
$27,000,000
Round
Series D
Investors

Cisco Investments (Lead Investor) (Timothy Albinson)

Proceeds Purpose
The Series D funds will be used to develop new products and to expand sales, marketing, and delivery capacity. A series of product roadmap announcements are scheduled for early 2010 and will include new products and services focused on the burgeoning enterprise supplier collaboration (ESC) market. During the first phase of product development, Aravo will work with Cisco to power the next generation of enterprise supplier collaboration by integrating technologies such as Aravo SIM and Cisco WebEx.

Company Information

Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
555 California St. 350
San Francisco, CA 94104
USA
Email Address
Overview
Aravo's software solutions bring order to the complex, chaotic world of enterprise Third Party Management by uniquely coupling pre-built registration content with best-in-class application functionality to collect, validate, and assess third parties.
Profile
Aravo Solutions LinkedIn Company Profile
Social Media
Aravo Solutions Company Twitter Account
Company News
Aravo Solutions News
Facebook
Aravo Solutions on Facebook
YouTube
Aravo Solutions on YouTube

Management Team

Title
Name
Email & Social
Chairman
Timothy Albinson
  Timothy Albinson LinkedIn Profile  Timothy Albinson Twitter Account  Timothy Albinson News  Timothy Albinson on Facebook
Chief Executive Officer
Michael Saracini
  Michael Saracini LinkedIn Profile  Michael Saracini Twitter Account  Michael Saracini News  Michael Saracini on Facebook
Chief Marketing Officer
Kimberley Allan
  Kimberley Allan LinkedIn Profile  Kimberley Allan Twitter Account  Kimberley Allan News  Kimberley Allan on Facebook
Chief Technical Officer
Eric Hensley
  Eric Hensley LinkedIn Profile  Eric Hensley Twitter Account  Eric Hensley News  Eric Hensley on Facebook
Vice President
Stacy Nitz
  Stacy Nitz LinkedIn Profile  Stacy Nitz Twitter Account  Stacy Nitz News  Stacy Nitz on Facebook
VP - Product Management
David Rusher
  David Rusher LinkedIn Profile  David Rusher Twitter Account  David Rusher News  David Rusher on Facebook


 

 

Browse more venture capital transactions:

Prev: 12/2/2009: OwnerIQ venture capital transaction
Next: 12/2/2009: Branders.com venture capital transaction

 

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We document all VC transactions involving tech companies. All VC database entries reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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