Alvenda Lands $5,000,000 Series A Funding Round

  • Feed Type
  • Date
    1/25/2010
  • Company Name
    Alvenda
  • Mailing Address
    1201 Marquette Ave South Minneapolis, MN 55403
  • Company Description
    The majority of future online sales will happen offsite. Customers will be able to shop with brands wherever they happen to be whether they’re on YouTube, a favorite blogger web site, or in Facebook. Alvenda’s customers are moving commerce forward to these touch points and are generating remarkable sales results.
  • Website
    http://www.alvenda.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,000,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    The funding from Split Rock Partners will enable Alvenda to scale its operations to meet the growing demand for distributed commerce solutions and expand its business development team. We are pleased to support their growth.
  • M&A Terms
  • Venture Investor
    Split Rock Partners