Veeva Systems Lands $4,000,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d40e4b6e-bac9-437f-bbb1-9683c5e6d784&Preview=1
Date
6/17/2008
Company Name
Veeva Systems
Mailing Address
4637 Chabot Drive Pleasanton, CA 94588
Company Description
The world is moving to the onDemand model of Software as a Service (SaaS), but many industry segments have been left behind. Verticals onDemand is leveraging the salesforce.com Apex platform to deliver industry-specific onDemand CRM to key industry segments.
Website
http://www.verticalsondemand.com
Transaction Type
Venture Equity
Transaction Amount
$4,000,000
Transaction Round
Undisclosed
Proceeds Purposes
This latest funding for Verticals onDemand will be used to accelerate the growth of the company’s flagship VBioPharma™ SaaS CRM application in the life sciences market and to expand the product footprint into other vertical markets.
M&A Terms
Venture Investor
Emergence Capital Partners