Capital Access Network Lands $30,000,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6149fee2-cb96-4757-b74e-026bfdbd3c8d&Preview=1
Date
2/8/2012
Company Name
Capital Access Network
Mailing Address
2 Overhill Road Scarsdale, NY 10583
Company Description
Capital Access Network, Inc. (CAN) has been Collecting and Analyzing Data about Small Businesses for more than a Decade. Since 1998, we have learned that for many small businesses, the fight to survive is made tougher due to a lack of working capital and informational resources.
Website
http://www.capitalaccessnetwork.com
Transaction Type
Venture Equity
Transaction Amount
$30,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The new funding will be partly used for boosting and redesigning the online merchant experience on CAN.
M&A Terms
Venture Investor
Accel Partners