FirstRain Garners $6,400,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5262da19-2a5e-4e3b-a576-15474203967a&Preview=1
Date
8/2/2011
Company Name
FirstRain
Mailing Address
1510 Fashion Island Blvd. San Mateo, CA 94404
Company Description
FirstRain provides custom-configured, on-demand intelligence services to professionals in the financial-services, pharmaceutical, and high-tech industries.
Website
http://www.firstrain.com
Transaction Type
Venture Equity
Transaction Amount
$6,400,000
Transaction Round
Undisclosed
Proceeds Purposes
This new capital will be used to help maintain our growth trajectory, grow the sales team and invest in the product development that keeps us in the forefront of the B2B digital information industry.
M&A Terms
Venture Investor
Oak Investment Partners
Venture Investor
Undisclosed