talkRA - New Finance for Connectiva

25 09 2008

New Finance for Connectiva

Posted by: Newsgopher in News

Connectiva Systems, the risk management and revenue assurance software firm, has obtained a further US$17m of VC funding. See the press release on Connectiva’s site.

This entry was posted on Thursday, September 25th, 2008 at 9:20 am and is filed under News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “New Finance for Connectiva”

Guy Howie says:
September 25th, 2008 at 9:27 pm
Interesting news.

$17 million sounds like a heck of a lot of cash to play with. We did some research once and were warned agaist seeking VC money. Apparently you can easily end up with mere single digit % control of a company that you set up…although the press releases today always make it sound like a great thing in the RA industry.

I’d also be interested to know what they do for C & W.

Guy

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