Tech Company Financing Transactions
Powered Funding Round
Powered, based in Austin, secured $6.2 million from Austin Ventures.
Transaction Overview
Company Name
Announced On
4/2/2007
Transaction Type
Venture Equity
Amount
$6,200,000
Round
Undisclosed
Investors
Austin Ventures (Christopher Pacitti)
Proceeds Purpose
The capital will be used to expand Powered's sales and marketing efforts; fund new product development initiatives; and meet the growing demand for online consumer education.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
206 E. Ninth Street 14th Floor
Austin, TX 78701
USA
Austin, TX 78701
USA
Phone
Website
Email Address
Overview
Based in Austin, Texas, Powered was founded in 1999 with the goal of developing and selling a new form of interactive marketing that used education as the foundation for the offering.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ken Nicolson
Chief Financial Officer
David Settle
Chief Technical Officer
Ron Green
Vice President
Kathy Warren
VP - Marketing
Aaron Strout
VP - Sales
Randy Atherton
Browse more venture capital transactions:
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC transactions reported here are derived from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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