Cherwell Software Lands $25,000,000 New Financing

  • Feed Type
  • Date
    11/28/2012
  • Company Name
    Cherwell Software
  • Mailing Address
    12295 Oracle Boulevard Colorado Springs, CO 80921
  • Company Description
    Cherwell Software is unique within the IT Service Management software industry. As a privately-held company with no debt or public funding, our primary objective is to create innovative software to meet the needs of our customers.
  • Website
    http://www.cherwell.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $25,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Cherwell Software will use the growth capital to accelerate growth of its channel sales program globally and to build additional applications and services to broaden the capabilities of its innovative IT Services Management (ITSM) platform.
  • M&A Terms
  • Venture Investor
    Insight Venture Partners

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