Monday, June 9, 2008

IQNavigator Gets Private Equity Investment

Denver-based IQNavigator, a developer of software for managing outsourced labor and services, has scored an investment round from private equity firm GTCR Golder Rauner, LLC. Financial terms of the investment were not disclosed. GTCR announced the funding Monday. According to the firms, IQNavigator was advised by Montgomery & Co. in the deal. IQNavigator's software-as-a-service is used to manage indirect services. The firm has previously raised capital from Baker Capital, Colorado PERA, Raeder Venture Management, Sequel Venture Partners, and The Hillman Company. More information »