Xconomy Boston

ByAllAccounts Receives $5,000,000 Series A Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6334bc66-16ea-4019-ba9b-c1e2056c4c23&Preview=1
Date
2/11/2008
Company Name
ByAllAccounts
Mailing Address
10 State Street Woburn, MA 01801
Company Description
ByAllAccounts delivers reconciliation-ready data to investment management and advisory firms. Using innovative expert system technology, the company provides an unparalleled access to financial account data from thousands of custodians and enables efficient and timely account reconciliation, performance analysis and consolidated reporting.
Website
http://www.byallaccounts.com
Transaction Type
Venture Equity
Transaction Amount
$5,000,000
Transaction Round
Series A
Proceeds Purposes
The company plans to use the funding to further support sales, marketing and product development initiatives.
M&A Terms
Venture Investor
Commonwealth Capital Ventures
Venture Investor
Commonwealth Capital Ventures
Venture Investor
Undisclosed