Tech Company Financing Transactions
iContact Funding Round
iContact, operating out of Morrisville, raised $40 million from JMI Equity.
Transaction Overview
Company Name
Announced On
8/30/2010
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series B
Investors
JMI Equity (Brad Woloson)
Proceeds Purpose
We'll use the majority of these new funds to make significant investments in sales and marketing, back-end technology, our product features and usability, global expansion, and of course our people that drive all of our success.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
5221 Paramount Pkwy. 200
Morrisville, NC 27560
USA
Morrisville, NC 27560
USA
Phone
Website
Email Address
Overview
iContact is a leading on-demand email marketing service. iContact allows organizations of all sizes to easily create, send, and track email newsletters, RSS feeds, surveys, and autoresponders.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Aaron Houghton
Chief Executive Officer
Ryan Allis
Chief Financial Officer
Tim Oakley
Chief Marketing Officer
Jeff Revoy
Chief Technical Officer
Ralph Kasuba
VP - Customer Service
Sarah Stealey
VP - Human Resources
Pam Rose
VP - Sales
Kevin Fitzgerald
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We do our best to record every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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