Tech Company Financing Transactions
ITA Software Funding Round
ITA Software closed a $100 million financing round on 1/23/2006. Backers included Battery Ventures, General Catalyst Partners and Sequoia Capital.
Transaction Overview
Company Name
Announced On
1/23/2006
Transaction Type
Venture Equity
Amount
$100,000,000
Round
Undisclosed
Investors
Battery Ventures (Lead Investor)
Sequoia Capital (Michael Moritz)
Proceeds Purpose
The funding will be used to help ITA Software expand upon its success with top travel companies such as Alaska Airlines, Alitalia, Continental Airlines, US Airways, Galileo, Kayak and Orbitz.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
141 Portland Street
Cambridge, MA 02139
USA
Cambridge, MA 02139
USA
Phone
Website
Email Address
Overview
ITA Software is the leading provider of innovative airline IT and services. The company provides airlines and travel distribution companies with comprehensive, reliable and cost-effective technology.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jeremy Wertheimer
Chief Financial Officer
Milt Alpern
Chief Technical Officer
Sundar Narasimhan
Co-Founder
Dave Baggett
Vice President
Geoff Andrew
Vice President
Justin Boyan
Vice President
Philip Dixon
Vice President
Tim Fahy
Vice President
Cara Kretz
Vice President
Ed Orciuch
Vice President
James Russell
Vice President
Eli Sanders
Vice President
Cate Whitfield
Vice President
Adam Worrall
Vice President
Eric Zimmerman
VP - Finance
Paul Fitzgerald
VP - General Counsel
David Sandberg
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are derived from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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