PowerSteering Software Receives $3,500,000 New Funding Round

  • Feed Type
  • Date
    4/7/2008
  • Company Name
    PowerSteering Software
  • Mailing Address
    141 Portland Street, 10th Floor Cambridge, MA 02139
  • Company Description
    PowerSteering Enterprise is the only On-Demand PPM software used across the enterprise. Our easy-to-use software provides executives, business users, and IT professionals with better strategy alignment, executive visibility and team productivity capabilities to improve their business performance.
  • Website
    http://www.powersteeringsoftware.com
  • Transaction Type
    Debt, Venture Equity
  • Transaction Amount
    $3,500,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The funding will support several customer satisfaction initiatives to improve performance for international customers in remote locations, strengthen 24 x 7 global customer support and worldwide hosting services, and facilitate new Enterprise PPM product enhancements in its upcoming Spring 2008 release.
  • M&A Terms
  • Venture Investor
    MMV Financial Inc.
  • Venture Investor
    Advent International
  • Venture Investor
    Hudson Ventures

By posting a comment, you agree to our terms and conditions.