Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4ded889d-8562-4306-b1e4-c60f1dd2047f&Preview=1
Date 4/14/2009
Company Name Ravenflow
Mailing Address 1900 Powell Street Emeryville, CA 94608
Company Description Ravenflow enables enterprises to deliver applications faster. The award-winning RAVEN software for requirements elicitation and definition quickly builds stakeholder consensus on requirements, reduces the time required for stakeholders to approve specifications, reduces developer rework due to requirements errors, and seamlessly integrates requirements and testing. RAVEN integrates requirements elicitation and definition with the application lifecycle management platforms from IBM Rational, Telelogic, HP Mercury, and Microsoft Visual Studio.
Proceeds Purposes Ravenflow will be deploying the new funding immediately, opening new offices in Reston, Virginia as well as Raleigh, North Carolina. In addition, Ravenflow has just announced the opening of its online store, enabling customers to try and buy its award-winning RAVEN software and its new entry-level product, RAVEN Express.