Entiera Completes Series A Preferred Stock Offering
Release date: 5/20/2008
MINNEAPOLIS, MN, May 20, 2008 – Entiera, Inc., the creator of the first On Demand Enterprise Marketing Platform, today announced the completion of a $3 million Series A preferred stock offering.
The funding will be used to expand a direct sales force, enhance operations and marketing, and accelerate new product development.
Pat O'Halloran, CEO of Entiera noted, "We chose to initially fund Entiera through sales of our products and services, as well as modest investments from our employees and existing shareholders. With the success of the Entiera on demand enterprise marketing platform, the time was right for funding to take us to the next level. This capital represents our first round of outside funding, and allows the company to aggressively pursue our growth strategy."
About Entiera. Entiera is a premier provider of the industry's first On Demand Marketing Platform, delivering a dramatically faster implementation time and lower total cost of ownership. The Entiera suite offers a comprehensive set of capabilities that include customer data integration, campaign management, event based marketing, marketing analytics and modeling, and direct access to the Entiera Marketing Universe--a comprehensive business and consumer prospect database.
Entiera was founded in 2005 and is headquartered in Minneapolis, MN with offices in Chicago, Denver, Providence, London and Bangkok, Thailand. Entiera services over 125 customers worldwide and is poised to revolutionize the Enterprise Marketing Platform industry.