Tech Company Financing Transactions
Spadac Funding Round
On 2/27/2007, Spadac received $6.5 million in Series A funding from FirstMark Capital.
Transaction Overview
Company Name
Announced On
2/27/2007
Transaction Type
Venture Equity
Amount
$6,500,000
Round
Series A
Investors
FirstMark Capital (Daniel O'Keefe)
Proceeds Purpose
"As we enter a vital growth period for the company, this new relationship with Pequot Ventures will allow us to accelerate our strategic plans" said Mark Dumas, Chairman and CEO of SPADAC. "We will expand our research and development activities in order to provide even broader predictive analytics to government agencies, while enhancing our efforts in selected commercial verticals. We plan to augment sales and marketing activities to provide new government clients the same advanced analysis solutions that existing customers already benefit from."
Company Information
Company Status
Acquired or Merged
Industry
Security
Mailing Address
7921 Jones Branch Drive 600
McLean, VA 22102
USA
McLean, VA 22102
USA
Phone
Website
Email Address
Overview
Located in metropolitan Washington, DC, but with operations nationally, SPADAC Inc. (previously Spatial Data Analytics Corporation) delivers analytical and product solutions ranging from risk assessment and resource allocation to opportunity identification and discovery.
Management Team
Title
Name
Email & Social
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