Channel IQ Garners New Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a1ad20ea-2c7a-45d4-9be5-efbe99f4d87c&Preview=1
Date
1/19/2012
Company Name
Channel IQ
Mailing Address
350 W Ontario Chicago, IL 60654
Company Description
Channel IQ is the leading provider of online retail intelligence solutions to manufacturers, distributors and retailers. Channel IQ provides real-time, online promotion and pricing information, empowering customers to profitably handle channel issues and competitive situations.
Website
http://www.channeliq.com
Transaction Type
Debt
Transaction Amount
Undisclosed
Transaction Round
Undisclosed
Proceeds Purposes
Channel IQ will use the funds to increase staff size by 30 people over the next 12 months and further aggressive sales and marketing plans.
M&A Terms
Venture Investor
Silicon Valley Bank