Tech Company Financing Transactions
Deem Funding Round
Foundation Capital, JPMorgan Partners and Oak Investment Partners participated in a $100 million funding round for Deem. The financing round was announced on 5/6/2008.
Transaction Overview
Company Name
Announced On
5/6/2008
Transaction Type
Venture Equity
Amount
$100,000,000
Round
Undisclosed
Investors
Proceeds Purpose
This funding will be devoted to supporting Rearden Commerce's rapid expansion and development plans due to the widespread adoption of its user- friendly, web-based personal assistant. The company's growth plans include dramatically expanding its B2B penetration and ultimately delivering the Rearden Personal Assistant(TM) to the consumer space. Additionally, the company plans to rapidly scale its on-demand platform, which supports its online personal assistant, with new merchants and third-party applications providers.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
642 Harrison St. 2nd Floor
San Francisco, CA 94107
USA
San Francisco, CA 94107
USA
Phone
Website
Email Address
Overview
Deem delivers Commerce-as-a-Service to businesses, enabling them to Save, Sell, and Syndicate.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
John Rizzo
VP - Bus. Development
Todd Kaiser
VP - Customer Service
Paul Houle
VP - Sales
Annette Cumming
VP - Sales
David Grace
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We do our best to report on every notable VC transaction. VC investment data records 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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