Vena Solutions Secures $30,000,000 New Financing Round

  • Feed Type
  • Date
    7/29/2016
  • Company Name
    Vena Solutions
  • Mailing Address
    1971 Western Avenue Albany, NY 12203 USA
  • Company Description
    Organizations of every size rely heavily on spreadsheets to drive business processes. People love their flexibility, easy to use modeling capabilities, raw analytic power and many options for enhancing reports with charts and graphs.
  • Website
    http://www.venasolutions.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $30,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Vena will use the proceeds of this round to accelerate its industry leading growth rate, including: Building on a five-year track record of more than 100% yearly growth in global customers and annual recurring revenue (ARR);Investing general operating capital in product development, partnerships, professional services, sales and marketing, and more;Significantly expanding its team across its worldwide offices – already spanning four continents.
  • M&A Terms
  • Venture Investor
    Centana Growth Partners
  • Venture Investor
    Undisclosed