Vindicia Lands $20,000,000 Series E Funding
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7570f356-19c0-4647-955c-098944aab2ea&Preview=1 -
Date
11/1/2010 -
Company Name
Vindicia -
Mailing Address
3200 Bridge Parkway Redwood City, CA 94065 -
Company Description
Vindicia was founded in 2003 as a result of the lack of commercially available back office solutions for digital merchants. The majority of Vindicia’s executive team are ecommerce pioneers, having been the executive team at EMusic, the first digital merchant to design, implement, and manage a negative option, recurring billing online music subscription service. -
Website
http://www.vindicia.com -
Transaction Type
Venture Equity -
Transaction Amount
$20,000,000 -
Transaction Round
Series E -
Proceeds Purposes
Vindicia will use this latest round of capital to further expand its sales, services and marketing teams and the success it has already established for its clients and market leaders across the software, gaming, dating and digital media/content industries. -
M&A Terms
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Venture Investor
FTV Capital -
Venture Investor
Bertelsmann Digital Media Investments -
Venture Investor
DCM – Doll Capital Management -
Venture Investor
ONSET Ventures
