Selectica Obtains $13,935,570 Series D Funding

  • Feed Type
  • Date
    2/5/2014
  • Company Name
    Selectica
  • Mailing Address
    2121 South El Camino Real 10th Floor San Mateo, CA 94403
  • Company Description
    Selectica helps growing companies sell complex deals with ease. Selectica solutions simplify complex processes and provide access to the information your team needs to get deals done efficiently. Selectica Guided Selling speeds sales cycles by putting the right information at your salespeople’s fingertips.
  • Website
    http://www.selectica.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $13,935,570
  • Transaction Round
    Series D
  • Proceeds Purposes
    $4,569,804 in Common Stock(776,634 shares at $6 per share); $4,141,644 in Series D Convertible Preferred Stock(69,027.4 shares at $60 per share); and $5,134,122 in Warrants to purchase Common Stock (733,446 at an exercise price of $7 per share).
  • M&A Terms
  • Venture Investor
    Undisclosed