Tech Company Financing Transactions
iPipeline Funding Round
On 11/12/2009, iPipeline announced $15 million in financing from NewSpring Capital and Volition Capital.
Transaction Overview
Company Name
Announced On
11/12/2009
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Undisclosed
Investors
NewSpring Capital (Lead Investor) (Michael DiPiano)
Volition Capital (Sean Cantwell)
Proceeds Purpose
The funding will be used to fuel tuck-in acquisitions that further extend iPipeline's value as the most comprehensive and integrated platform in the insurance industry today.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
750 Springdale Dr.
Exton, PA 19341
USA
Exton, PA 19341
USA
Phone
Website
Email Address
Overview
iPipeline provides the leading suite of sales distribution software to the insurance and financial services markets delivered as an on-demand service.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Tim Wallace
Chief Operating Officer
Larry Berran
Chief Technical Officer
Brian Seidman
President
Paul Melchiorre
VP - Finance
Dan Smith
VP - Product Management
Kevin Kemmerer
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