Memento Secures $5,000,002 New Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c65aeeda-5832-4547-ae4a-1c27f7a3eb52&Preview=1 -
Date
1/20/2011 -
Company Name
Memento -
Mailing Address
55 Network Dr Burlington, MA 01803 -
Company Description
Memento’s QuickMetrics software can help companies manage risk by preventing internal fraud, monitoring a company’s controls and finding indicators of risk, according to the company. Memento’s software can determine if business applications that are in place are delivering results or risks, the company says. -
Website
http://www.memento-inc.com -
Transaction Type
Venture Equity -
Transaction Amount
$5,000,002 -
Transaction Round
Undisclosed -
Proceeds Purposes
Total amount includes the conversion of $2 million of indebtedness. SEC regulatory filing. -
M&A Terms
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Venture Investor
Undisclosed
