Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7570f356-19c0-4647-955c-098944aab2ea&Preview=1
Date 11/1/2010
Company Name Vindicia
Mailing Address 3200 Bridge Parkway Redwood City, CA 94065
Company Description Vindicia was founded in 2003 as a result of the lack of commercially available back office solutions for digital merchants. The majority of Vindicia’s executive team are ecommerce pioneers, having been the executive team at EMusic, the first digital merchant to design, implement, and manage a negative option, recurring billing online music subscription service.
Proceeds Purposes Vindicia will use this latest round of capital to further expand its sales, services and marketing teams and the success it has already established for its clients and market leaders across the software, gaming, dating and digital media/content industries.
M&A Terms
Venture Investor FTV Capital
Venture Investor Bertelsmann Digital Media Investments