PowerSteering Software Receives $3,500,000 New Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=549713ab-15f4-4d24-89e7-4ec760ddc17e&Preview=1 -
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
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Venture Investor
MMV Financial Inc. -
Venture Investor
Advent International -
Venture Investor
Hudson Ventures
