Tech Company Financing Transactions

xigo Funding Round

xigo closed a $7 million funding round on 3/11/2008. Backers included North Atlantic Capital, Bain Capital Ventures and BEV Capital.

Transaction Overview

Company Name

xigo

Announced On

3/11/2008

Transaction Type

Venture Equity

Amount

$7,000,000

Round

Undisclosed

Investors

North Atlantic Capital (Lead Investor) (David Coit)

Bain Capital Ventures (Jeffrey Schwartz)

BEV Capital (William Meurer)

Proceeds Purpose

Invoke will use this funding to continue developing its unique enterprise feedback management platform and increase its delivery capabilities across all parts of the company as they expand their customer relationships on a global basis.

Company Information

Company Status

Private & Independent

Industry

Software

Mailing Address

5870 Trinity Pkwy. 250
Centreville, VA 20109
USA

Phone

(571) 522-2800

Website

www.clm.dimensiondata.com

Email Address

[email protected]

Overview

xigo is the leading provider of Telecom Expense Management solutions delivered through the Software as a Service model. Invoice Insight has developed BillPort, a proprietary, 100% web-native application that provides customers with an unparalleled level of visibility and control over their telecommunications expenses and inventory.

Profile

Social Media

Company News

Facebook

YouTube

Management Team

Title

Name

Email & Social

Chief Executive Officer

David Spofford

Chief Marketing Officer

David Snow

Chief Operating Officer

Scott Little

Chief Technical Officer

Robert Smith

Browse more venture capital transactions:

Prev: 3/11/2008: Xirrus venture capital transaction
Next: 3/11/2008: EUSA Pharma venture capital transaction

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We do our best to record every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.

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