Cantaloupe Systems Secures $12,400,000 Series C Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=be1c190e-2bf1-44f2-855d-1ba9f2a82289&Preview=1
Date
4/27/2010
Company Name
Cantaloupe Systems
Mailing Address
612 Howard St San Francisco, CA 94105
Company Description
Cantaloupe Systems realizes business is not easy. The tools we provide will help you run your business with greater ease. With less hassle to deal with you have more time to focus your energies on helping your business grow.
Website
http://www.cantaloupesys.com
Transaction Type
Venture Equity
Transaction Amount
$12,400,000
Transaction Round
Series C
Proceeds Purposes
Cantaloupe will use the proceeds to support its aggressive growth plan, including making new investments in research and development, launching new products such as Seed Cashless and Seed Enterprise, exploring acquisition opportunities, hiring talent and offering new pricing structures for its customers.
M&A Terms
Venture Investor
Foundation Capital
Venture Investor
Global Environment Fund