Provade Lands $3,000,000 New Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f3024b41-7988-4c4c-a31a-bcb47aff4dd0&Preview=1
Date
8/3/2010
Company Name
Provade
Mailing Address
999 Baker Way San Mateo, CA 94404
Company Description
Provade is a strategic partner focusing on Oracle eBusiness and PeopleSoft procurement applications.
Website
http://www.provade.com
Transaction Type
Venture Equity
Transaction Amount
$3,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The company said it would use the funding proceeds to solidify its product leadership position and expand its sales and marketing initiatives.
M&A Terms
Venture Investor
Asset Management Company
Venture Investor
Altos Ventures
Venture Investor
Undisclosed