Rearden Commerce Garners $9,350,000 New Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bd417c56-f3c5-4f09-8617-f430d2d6df75&Preview=1
Date
6/5/2013
Company Name
Rearden Commerce
Mailing Address
301 Howard St. 21st Floor San Francisco, CA 94105
Company Description
Rearden Commerce is revolutionizing the way people and businesses buy and sell services, with the first online marketplace for services of all kinds. Rearden Commerce is one of the leading forces behind user-centric computing and Web 2.0, leveraging next generation technology that puts the Web to work on the user’s behalf.
Website
http://www.reardencommerce.com
Transaction Type
Debt
Transaction Amount
$9,350,000
Transaction Round
Undisclosed
Proceeds Purposes
The amount consists of $9.1 million in secured promissory notes and $250,000 in warrants convertible into preferred stock. Proceeds purposes were not disclosed. SEC regulatory filing.
M&A Terms
Venture Investor
Undisclosed