To date, the company has raised $25 million over three
rounds of financing.
Elston, an original co-founder, led the company as CEO from its inception four years ago through three progressive up
rounds of financing and successful commercialization of its flagship enterprise solution.
Another institutional investor who participated in both
rounds of financing was Wheatley Partners, a New York-based venture capital firm focused in technology-related sectors including life sciences and medical devices.
These
rounds of financing were led by VantagePoint Venture Partners (VantagePoint) (San Bruno, CA) and also included the participation of Loeb Partners Corporation (New York, NY).
Nine leading technology investment firms, including investors from previous
rounds of financing, have invested $10.
Other premier investors who participated in this and previous
rounds of financing include: Integral Capital Partners; INVESCO Private Capital; Kleiner Perkins Caufield & Byers; Technology Partners; Tredegar Industries, Inc.
During a period of financial uncertainty in the B2B dot-com world, we have been able to demonstrate great value for our investors and continue to secure new
rounds of financing - at an increased valuation," said Michael W.
the leading provider of software for the delivery of smart, interactive web based applications, today announced completion of its latest round of financing totaling $5 million from four investors, all of which have been involved in previous
rounds of financing.
Silicon Energy's two earlier
rounds of financing were $14.
Woodside Fund has been involved with MTC through three
rounds of financing.
In aggregate, InternetConnect has completed four
rounds of financing for more than $81 million.
After that, we hope to accelerate our growth with larger additional
rounds of financing before HealthZone.
