Tagged: SaaS

Splice garnered new subscriptions and upped its offering to $5.25 million


For more information visit www.XDATA.co
Change: offered +17% / raised +16% / placed 90%
XDATA – January 7th 2016
Splice‘s $4.5 million equity financing round increased by 17% to cap at $5.25 million. An additional $650,000 worth of securities was placed by the company with three investors since the company last released data in September 2014. This brings to $4.75 million the amount raised from the fourteen backers who subscribed to the offering. The offering is structured as indefinite and will remain open until fully subscribed. Up to now Splice had raised an estimated $2.75 million in unregistered securities via one financing round.
Splice markets and develops a cloud-based platform for music creation, collaboration and sharing. Investors include True Ventures, Scooter Braun, Tiësto, Steve Angello, AM Only, WME, Eight Equity, Union Square Ventures, Lerer Ventures, First Round Capital, SV Angel, and Box Group.
The company, headquartered in New York NY, is led by Matthieu Aimonetti (President). Splice elected to keep its revenues undisclosed.
The board of directors includes Adam D’Augelli, Andrew Weissman, Jared Hecht and Steve Martocci.The company has raised an estimated total of $7.5 million via private unregistered security offerings.Splice is registered under the name Distributed Creation.
Offering recap
Status: Intermediary close
Company: Splice
Industry: Other Technology
Amount offered: $5.25 million
Amount placed: $4.75 million
SEC filing: Source
First sale: 08-20-2014
Data as of: 01-06-2016

Lead optimization developer Outreach closes a $9.2 million financing round


XDATA – October 27th 2015
Outreach successfully completed a $9.2 million non-brokered equity financing round. A total of eight investors started to subscribe to the round a couple of months ago. The company closed four previous unregistered private placements which raised an estimated $4.11 million.
Outreach markets and develops a sales automation platform that empowers sales teams with intelligent marketing tools to engage customers and close more business. The cloud-based platform automates and personalizes communication to help sales teams touch every lead, opportunity, and customer with the right content at the right time. Investors include MHS Capital, Floodgate, Version One Ventures, Sarah Imbach, and Ellen Levy.
The company, headquartered in Seattle WA, is led by Manuel Medina (CEO). Outreach elected to keep its revenues undisclosed.
The executive team includes Andrew Kinzer, Gordon Leland Hempton and Wesley Hather.
The board of directors includes Rajeev Batra and Vijay Nagappan.

The company has raised an estimated total of $13.19 million via private unregistered security offerings.

Outreach is registered under the name ComponentLab.

Offering recap
Status: Completed
Company: Outreach
Industry: Other Technology
Amount offered: $9.2 million
Amount placed: $9.08 million
SEC filing: Source
First sale: 08-25-2015
Data as of: 10-27-2015

 

Hey if you didn’t know about it, maybe it is time to add XDATA as part of your market monitoring regimen.

For more information visit www.XDATA.co

TinderBox revised its offering cap upward to $6.44 million and received $5.44million in commitments


Change: offered +115% / raised +172% / placed 84%
XDATA – October 19th 2015
TinderBox upped its financing to $6.44 million from $3 million after receiving new commitments. An additional $3.44 million worth of securities was placed by the company with twenty-three investors since the company last released data three weeks ago. This brings to $5.44 million the amount raised from the twenty-nine backers who subscribed to the offering. The subscription is structured to close once the 16% left is fully subscribed or in about a year at the latest. The company closed three unregistered private placements which raised an estimated $5.7 million.
TinderBox markets and develops a cloud-based sales productivity suite that powers personalized sales presentations, proposals and contracts. The application offers intuitive workflows, automation, and analytics that accelerate sales efficiency and integrates with Salesforce, Microsoft Dynamics, DocuSign and Box. Financial backers include Greycroft Partners, Allos Ventures, High Alpha and Hyde Park Ventures.
The company, headquartered in Indianapolis IN, is led by Dustin Sapp (President). TinderBox elected to keep its revenues undisclosed.
The executive team includes Kristian Andersen and Mike Fitzgerald.

The company has raised an estimated total of $11.14 million via private unregistered security offerings.

Offering recap
Status: Intermediary close
Company: TinderBox
Industry: Other Technology
Amount offered: $6.44 million
Amount placed: $5.44 million
SEC filing: Source
First sale: 09-09-2015
Data as of: 10-19-2015

 

Hey 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.

For more information visit www.XDATA.co

iCIMS reports $56.73 million raised from Susquehanna Growth Equity


XDATA – October 2nd 2015
iCIMS received two commitments for its $60.8 million financing round. Investors committed to buy 93% or $56.73 million worth of equity on September 18th. Until this disclosure iCIMS had raised an estimated $35.88 million in unregistered securities via one previous financing round.
iCIMS markets and develops Software-as-a-Service (SaaS) talent acquisition solutions. The company’s candidate management solution, enables organizations to leverage mobile, social, and video technologies to manage their entire talent acquisition lifecycle from building talent pools, to recruiting, to onboarding all within a single web-based application. Investors include Susquehanna Growth Equity.
The company is headquartered in Matawan NJ. iCIMS elected to keep its revenues undisclosed.
The executive team includes Adam Feigenbaum, Al Smith, Colin N Day, G Scott Greenburg, Mike Greten, Nu-Yuan Hsu, Paul Melici, Ron Kasner, Sincia Liu and Susan Vitale.
The board of directors includes Amir Goldman, Andrew Ferrentino, Bradley E Sparks, Eric Dunn, Gwo Liou, Jonathan Klahr, Scott Feldman and Stephen Day.

The company has raised an estimated total of $92.61 million via private unregistered security offerings.

Offering recap
Status: First close
Company: iCIMS
Industry: Other Technology
Amount offered: $60.8 million
Amount placed: $56.73 million
SEC filing: Source
First sale: 09-18-2015
Data as of: 10-02-2015

 

Hey 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.

For more information visit www.XDATA.co

Practice Fusion disclosed issuing $2.5 million worth of equity


practice fusion Practice Fusion reported closing its $2.5 million private placement on October 6th. All the unregistered equity securities issued were acquired by one investor. A total of five unregistered securities offerings closed by the company raised an estimated $181.32 million.

Practice Fusion develops and markets a free web-based electronic health record platform which connects doctors, patients and data. According to the company the application is used by a community of more than 112,000 monthly active medical professionals with over 81 million patient records. he company also released a patient-facing application where patients can find and book appointments with doctors and access their medical records. The company is backed by salesforce.com, Founders Fund, Artis Capital Management, Glynn Capital Management, Morgenthaler Ventures, and Felicis Ventures.

The company, headquartered in San Francisco CA, is led by Ryan Howard (President and CEO). Practice Fusion elected to keep its revenues undisclosed.
The executive team includes Robert Park.
The board of directors includes Beth Seidenberg, Cora Tellez and Michael Harden.

The company has raised an estimated total of $183.82 million via private unregistered security offerings.

Offering recap
Status: Completed
Company: Practice Fusion
Industry: Other Health Care
Amount offered: $2.5 million
Amount placed: $2.5 million
First sale: 10-06-2014
Data as of: 10-20-2014


For more information visit www.XDATA.co

Virtual Instruments filed for first close after raising 91% of its financing round


XDATA – October 7th 2014

virtual instrument $10 million worth of mezzanine securities started to be placed by Virtual Instruments almost two weeks ago. Based on the information disclosed, a total of eleven investors bought 91% of the $11 million security offering. A total of six unregistered securities offerings closed by the company raised an estimated $75.55 million.

Virtual Instruments develops and markets IT infrastructure performance management solutions. The company’s VirtualWisdom platform provides comprehensive visibility into the performance, health and utilization of the IT infrastructure enabling customers to guarantee the performance of their mission-critical applications across physical, virtual and cloud computing environments. The company is backed by Lightspeed Venture Partners, Next World Capital, General Catalyst Partners, and Riverwood Capital.

The company is headquartered in San Jose CA. Virtual Instruments kept its revenues undisclosed.
The executive team includes Barry Cooks, Bo Barker, Eileen Murphy, George Harrington, John Gentry, John W Thompson, Mike Moore and Skip Bacon.
The board of directors includes Chris Schaepe, Craig Hanson, Hemant Taneja, James I Cash, Jeff Parks, Jim Davidson and Steve Mankoff.

The company has raised an estimated total of $85.55 million via private unregistered security offerings.

Offering recap
Status: First close
Company: Virtual Instruments
Industry: Computers
Amount offered: $11 million
Amount placed: $10 million
First sale: 09-24-2014
Data as of: 10-07-2014

For more information visit www.XDATA.co

$16 million financing completed by Experticity


XDATA – September 10th 2014

experticityA $16 million unregistered equity financing by Experticity successfully drew to a close. The non-brokered investment round was placed among nine investors. The subscription started almost two weeks ago. No offering was previously initiated by the company under a registration exemption with the SEC.

Experticity markets and develops on-demand and performance-based solutions for brands and retailers to educate, deliver incentives to and foster firsthand product experience with credible, category-specific sales associates —while also collecting important insights about them and analyzing their effectiveness at the point of sale. The company’s expert-knowledge platform is called 3point5.com while its expert-incentive platform is branded ProMotive.com. The company is backed by Bain Capital Ventures.

The company is headquartered in Salt Lake City UT. Experticity elected to keep its revenues undisclosed.
The executive team includes Eli Willis, Heather Mercier, Inga Johnson, Jeremy Knudsen, John Pereira, John Reagh and Thomas Stockham.
The board of directors includes Mark Ludwig, Michael Krupka, Michael Levinthal, Paul Gaffney and Scott Petty.

Offering recap
Status: Completed
Company: Experticity
Industry: Other
Amount offered: $16 million
Amount placed: $16 million
First sale: 08-28-2014
Data as of: 09-10-2014

For more information visit www.XDATA.co

SCR Technologies reports $607,000 investment round


SCR Technologies raised $607,000 as part of a fully subscribed non-brokered equity offering. The subscription, which started on May 26th, lured five investors. No offering was previously initiated by the company under a registration exemption with the SEC.

SCR Technologies develops two software-as-a-service (SaaS) platforms designed to connect companies with consumers. The goal is to allow consumers to know precisely what products are made of and how they are made. Consumers can then use a mobile application (app) to make educated choices related to their purchases or where to buy a product encapsulating specific criteria.

The company is headquartered in Ridgway CO. SCR Technologies elected to keep its revenues undisclosed.
The executive team includes Randal Fischer.

Offering recap
Status: Completed
Company: SCR Technologies
Industry: Manufacturing
Amount offered: $607,000
Amount placed: $607,000
First sale: 05-26-2014
Data as of: 06-06-2014

$1 million unregistered debt financing and first close reported by Synced


syncedSynced disclosed being in the market to raise $1 million via debt issuance. Apparently 15% or $150,000 has already been subscribed by two investors. The non-brokered placement started one month ago. An additional $850,000 in funding is to be raised until the offering draws to a close in April 2015. The company hasn’t previously offered unregistered securities.

Synced designs, develops and markets a mobile software as a service (SaaS) platform geared toward companies to energize their health and wellness programs. The application features tools to engage and motivate employees to be healthy as well as reward them.

Synced, registered in 2014, is headquartered in New York NY. It is led by Andrew Ferenci (CEO). Revenues remained undisclosed.
The executive team includes William S Paladini.

Offering recap
Status: First close
Company: Synced
Industry: Other Technology
Amount offered: $1 million
Amount placed: $150,000
First sale: 04-30-2014
Data as of: 05-30-2014

Ordoro issues $438,000 worth of securities


ordoro95% of Ordoro‘s $460,000 unregistered private offering was placed on May 14th. The non-brokered equity securities were subscribed by four investors. The first close garnered $438,000. Two previous unregistered financing rounds raised an estimated $1.66 million. The company is backed by E-Merge, a seed stage investor, and Austin Technology Incubator.

Ordoro designs and markets a cloud-based application (app) for small-­ and medium-­ sized e-­commerce retailers. The app is designed to help users manage orders, purchases and inventory. It integrates with Amazon, BigCommerce, Magento, Shopify, 3DCart and Shopsite as well as USPS, UPS and FedEx. Monthly subscriptions range from $39 for a 100 orders to $299 for 1,500 orders.

The company, headquartered in Austin TX, is led by Jagath Narayan (President). Ordoro elected to keep its revenues undisclosed.
The executive team includes Naruby Schlenker.
The board of directors includes Sangram Kadam.

The company has raised an estimated total of $2.1 million via private unregistered security offerings.

Offering recap
Status: First close
Company: Ordoro
Industry: Other Technology
Amount offered: $460,000
Amount placed: $438,000
First sale: 05-14-2014
Data as of: 05-27-2014