SciQuest Garners $2,000,000 New Financing

  • Feed Type
  • Date
    10/11/2012
  • Company Name
    SciQuest
  • Mailing Address
    6501 Weston Pkwy. Cary, NC 27513 USA
  • Company Description
    SciQuest (NASDAQ: SQI) provides a leading on-demand strategic procurement and supplier enablement solution that integrates customers with their suppliers to improve procurement of indirect goods and services.
  • Website
    http://www.sciquest.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $2,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The shares being issued constitute partial payment of the purchase price for the assets of Spend Radar LLC, which includes earnout payments to be paid on or before January 31, 2014.
  • M&A Terms
  • Venture Investor

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