Tech Company Financing Transactions
PrimeRevenue Funding Round
PrimeRevenue closed a $4.3 million funding round on 10/29/2004. Investors included Comerica Bank.
Transaction Overview
Company Name
Announced On
10/29/2004
Transaction Type
Debt
Amount
$4,300,000
Round
Undisclosed
Investors
Proceeds Purpose
"Comerica's commitment to the technology sector is well known," said Robert Barnes, chief executive officer of PrimeRevenue. "Our hosted proprietary technology drives our end-to-end managed service, and this facility will support our continued product development, sales and marketing, and corporate initiatives."
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
600 Peachtree St. NE 4400
Atlanta, GA 30308
USA
Atlanta, GA 30308
USA
Phone
Website
Email Address
Overview
PrimeRevenue is a financial supply chain services company that provides Supplier Financing, Payables Presentment and Settlement solutions to Global 2000 companies and their suppliers. Our program delivers immediate, significant and measurable bottom-line benefits and working capital improvements.
Management Team
Title
Name
Email & Social
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Our team works diligently to report on all VC transactions involving tech companies. All VC database entries reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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