Tech Company Financing Transactions

Cherwell Software Funding Round

Cherwell Software, based in Colorado Springs, secured $25 million in investment from Insight Venture Partners.

Transaction Overview

Company Name
Announced On
11/28/2012
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Undisclosed
Investors

Insight Venture Partners (Richard Wells)

Proceeds Purpose
Cherwell Software will use the growth capital to accelerate growth of its channel sales program globally and to build additional applications and services to broaden the capabilities of its innovative IT Services Management (ITSM) platform.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
10125 Federal Dr. 100
Colorado Springs, CO 80908
USA
Email Address
Overview
At Cherwell, we help organizations achieve their core purpose through the use of intuitive technology that enables better, faster and more affordable innovation.
Profile
Cherwell Software LinkedIn Company Profile
Social Media
Cherwell Software Company Twitter Account
Company News
Cherwell Software News
Facebook
Cherwell Software on Facebook
YouTube
Cherwell Software on YouTube

Management Team

Title
Name
Email & Social
Chairman
Vance Brown
  Vance Brown LinkedIn Profile  Vance Brown Twitter Account  Vance Brown News  Vance Brown on Facebook
Chief Executive Officer
Sam Gilliland
  Sam Gilliland LinkedIn Profile  Sam Gilliland Twitter Account  Sam Gilliland News  Sam Gilliland on Facebook
Chief Operating Officer
Steve Rodda
  Steve Rodda LinkedIn Profile  Steve Rodda Twitter Account  Steve Rodda News  Steve Rodda on Facebook
VP - General Counsel
Timothy Pfeifer
  Timothy Pfeifer LinkedIn Profile  Timothy Pfeifer Twitter Account  Timothy Pfeifer News  Timothy Pfeifer on Facebook
VP - Marketing
Scott Gainey
  Scott Gainey LinkedIn Profile  Scott Gainey Twitter Account  Scott Gainey News  Scott Gainey on Facebook


 

 

Browse more venture capital transactions:

Prev: 11/28/2012: Versa Networks venture capital transaction
Next: 11/28/2012: Tangent Medical Technologies venture capital transaction

 

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About Our Venture Capital Transactions Database

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 information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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