$13.29 million first close filed by Yesware

yeswareHey if you didn’t know about it, maybe it is time to add XDATA as part of your market monitoring regimen, 14 days free trials are available here.

$13.29 million was raised by Yesware according to information filed with the SEC. The company initiated a first close after selling 89% of its planned $15 million unregistered private offering. The non-brokered equity securities started to be sold to six investors on May 27th. Based on the offering’s structure, the company has until May 2016 to raise an extra $1.71 million. Two previous unregistered financing rounds raised an estimated $15.7 million.
The company is a provider of email tracking and analytics, customizable sales templates, CRM integration, and more to help salespeople communicate with customers more effectively. The company is backed by Neeraj Agrawal, Battery Ventures, Google Ventures, Foundry Group, IDG Ventures and Golden Venture Partners.
The company, led by Matthew Bellows, is headquartered in Boston MA. Yesware elected to keep its revenues undisclosed.
The executive team includes Patrick Cashman Andrus.
The board of directors includes Brad Feld, Dave Girouard, Neeraj Agrawal, Rajat Bhargava and Rich Miner.

The company has raised an estimated total of $28.99 million via private unregistered security offerings.

Offering recap
Status: First close
Company: Yesware
Industry: Other Technology
Amount offered: $15 million
Amount placed: $13.29 million
SEC filing: Source
First sale: 05-27-2015
Data as of: 06-05-2015

For more information visit www.XDATA.co


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