This oversubscribed round includes Vienna, Va.-based Valhalla Partners, and Menlo Park, Calif.-based Sierra Ventures, both private venture capital firms with strong track records of success in the information technology industry. With this event, Gene Riechers, General Partner and Co-founder, Valhalla Partners, and Vispi Daver, Principal, Sierra Ventures, have been named to Parature's board of directors. Parature plans to use the financing to further enhance its customer support and help desk solution, as well as boost sales and marketing efforts.
Wednesday, July 05, 2006
Parature receives Series A funding
Parature, provider of award-winning, on demand customer support software, announced today that the company has successfully completed a Series A financing for $13.5 million.
This oversubscribed round includes Vienna, Va.-based Valhalla Partners, and Menlo Park, Calif.-based Sierra Ventures, both private venture capital firms with strong track records of success in the information technology industry. With this event, Gene Riechers, General Partner and Co-founder, Valhalla Partners, and Vispi Daver, Principal, Sierra Ventures, have been named to Parature's board of directors. Parature plans to use the financing to further enhance its customer support and help desk solution, as well as boost sales and marketing efforts.
This oversubscribed round includes Vienna, Va.-based Valhalla Partners, and Menlo Park, Calif.-based Sierra Ventures, both private venture capital firms with strong track records of success in the information technology industry. With this event, Gene Riechers, General Partner and Co-founder, Valhalla Partners, and Vispi Daver, Principal, Sierra Ventures, have been named to Parature's board of directors. Parature plans to use the financing to further enhance its customer support and help desk solution, as well as boost sales and marketing efforts.
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