Tuesday, December 4, 2007

Selltis, LLC is a provider of on-demand customer relationship management has raised an undisclosed amount of VC funding

What Company Is Offering:

Selltis, LLC is a provider of on-demand customer relationship management (CRM) software for end-to-end sales process automation. Specializing in the needs of technical and industrial sales organizations, Selltis manages all aspects of the customer and partner relationship lifecycle.
How It Works:
Selltis™ is an integrated software system that manages the business processes involved in generating and maintaining sales for technical and industrial organizations – from marketing campaigns and lead management to managing complex projects, quoting, and providing field service.

Built on the company's unique, "many-to-many" data linking Hyperrelational? technology, the Selltis Sales platform allows industrial sales teams to "Link The Way You Think?." Expanding on the company's unique, hyperrelational? technology that offers "many-to-many" data linking, the new Selltis Sales 5.0, planned for general availability in early 2008, allows users to manage all aspects of the customer and partner relationship lifecycle. This "Link The Way You Think?" approach provides the capability to proactively manage complex, team sales environments. The Selltis Sales platform includes tools to automate marketing campaigns and lead management as well as quoting and field service.


How Much They Got From VCs:
Selltis LLC, a New Orleans-based provider of on-demand CRM software for end-to-end sales process automation, has raised an undisclosed amount of VC funding from Advantage Capital Partners and Enhanced Capital Partners.
About VCs:
1. Enhanced Capital Partners

Founded in 1999, Enhanced Capital Partners is a national investment firm with over $400 million under management specializing in investments in small and mid-size companies. Enhanced Capital provides a range of investment options to promote the growth and expansion of businesses. Our flexibility and practical investment approach can make the difference in maximizing the growth potential for a company poised for rapid growth. Enhanced Capital's team members have extensive experience working with high growth businesses and a proven track record for helping our portfolio companies realize their full potential. For more information, visit www.enhancedcap.com.

2. Advantage Capital Partners

Advantage Capital Partners is an innovative group of venture capital partnerships with more than $800 million under management. Established in 1992, the firm has grown from its origins in Louisiana to include offices in Missouri, New York, Texas and Washington, D.C. From the start, Advantage has raised private funds to invest in states and communities underserved by traditional sources of risk capital. The firm has built a strong track record of public-private partnerships with state and federal organizations, facilitating the flow of billions of dollars of investment capital into these communities. In conjunction with such efforts, Advantage provides equity and debt capital ? along with value-added counsel and other support ? to promising operating businesses that have the potential for excellent investor returns as well as significant community impact. The firm uses this dual bottom line to measure its success. For more information, visit www.advantagecap.com.
More at:http://www.selltis.com/

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