Thursday, January 13, 2011

Televerde Gets $7.5M

Phoenix, Arizona-based Televerde, a provider of sales lead and demand generation for IT hardware and software companies, has raised $7.5M in a combination of debt and equity, according to funder Main Street Capital. Main Street said it invested $6.25M in a first line of secured debt, plus $1.25M in direct equity in Televerde. Main Street explained the funding went towards a recapitalization plus growth financing. More information »