TMCnet News
SteadyServ Technologies raises $1.5 million in seed fundingMay 24, 2013 (Datamonitor Financial Deals Tracker via COMTEX) -- SteadyServ Technologies, Inc., a US-based provider of software-as-a-service (SaaS)-based inventory and order management system for the beer industry, has raised $1.5 million in seed funding from Elevate Ventures and Indiana, New York, California and Arizona investors. As part of the transaction, Elevate Ventures contributed $0.13 million to the round through its Indiana Angel Network Fund. Deal Value (US$ Million) 1.5 Deal Type Venture Finance Sub-Category Start-up Deal Status Completed: 2013-05-23 Deal Participants Target (Company) SteadyServ Technologies, Inc. Acquirer (Company) Undisclosed Investors* Deal Rationale SteadyServ will use the funding for product development. |
