Ravenflow Obtains $6,000,000 New Financing

  • Feed Type
  • Date
    4/14/2009
  • Company Name
    Ravenflow
  • Mailing Address
    1900 Powell Street Emeryville, CA 94608
  • Company Description
    Ravenflow enables enterprises to deliver applications faster. The award-winning RAVEN software for requirements elicitation and definition quickly builds stakeholder consensus on requirements, reduces the time required for stakeholders to approve specifications, reduces developer rework due to requirements errors, and seamlessly integrates requirements and testing. RAVEN integrates requirements elicitation and definition with the application lifecycle management platforms from IBM Rational, Telelogic, HP Mercury, and Microsoft Visual Studio.
  • Website
    http://www.ravenflow.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $6,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Ravenflow will be deploying the new funding immediately, opening new offices in Reston, Virginia as well as Raleigh, North Carolina. In addition, Ravenflow has just announced the opening of its online store, enabling customers to try and buy its award-winning RAVEN software and its new entry-level product, RAVEN Express.
  • M&A Terms
  • Venture Investor
    Alloy Ventures
  • Venture Investor
    Palomar Ventures
  • Venture Investor
    The Roda Group

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