Invision Secures $8,500,000 New Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=23b50ac3-0524-45fe-a7aa-c74f06345bc4&Preview=1
Date
3/2/2011
Company Name
Invision
Mailing Address
420 Lexington Avenue New York, NY 10170
Company Description
We have been providing software solutions and consulting services to the media industry since 1993. We understand the complex media business and we focus on offering strategic revenue optimizing, inventory management and pricing systems that enable media companies to make smart decisions about their ad sales business.
Website
http://www.invisioninc.com
Transaction Type
Debt
Transaction Amount
$8,500,000
Transaction Round
Undisclosed
Proceeds Purposes
The company plans to launch its Crossroad commercial operations system in the second half of this year.
M&A Terms
Venture Investor
Wellington Financial LP
Venture Investor
Silicon Valley Bank