Tech Company Financing Transactions
CleverSet Funding Round
CleverSet, operating out of Seattle, secured $2 million from Barry Gilbert.
Transaction Overview
Company Name
Announced On
1/26/2007
Transaction Type
Debt
Amount
$2,000,000
Round
Undisclosed
Investors
Barry Gilbert (Lead Investor) (Barry Gilbert)
Proceeds Purpose
CleverSet will use the funds to extend the reach of its sophisticated merchandise recommendations technology to top online retailers.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
1201 Western Ave. 400
Seattle, WA 98101
USA
Seattle, WA 98101
USA
Phone
Website
Email Address
Not Recorded
Overview
Since its inception as a science and math-based software development firm, CleverSet has grown to become a leading technology services provider that improves the effectiveness of merchandise recommendations on e-commerce sites, reliably lifting revenue-per-visit by 20% or more, and delivering the highest return on investment in the industry.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 1/26/2007: JJ Pharma venture capital transaction
Next: 1/29/2007: Silver Peak venture capital transaction
Share this article
News on VC Transactions
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs