What Company Is Offering:
iRise is the world’s leading provider of visualization software for business applications. Visualization is quickly becoming a critical competitive advantage for businesses to more effectively communicate their needs to technology teams and give everyone involved the ability to fully experience applications before they are built. Companies of all sizes like UPS, Wachovia, M.D. Anderson Cancer Center, Manpower, CompuCredit, Capgemini and many others use iRise to “test drive” their applications before building, which accelerates time to revenue, improves customer experience and drives costs down.
How Much They Got From VCs:
iRise, the world's leading software visualization software company, announced that it has closed $20 million in incremental funding. Joining existing investor Morgan Stanley Venture Partners in this round are; Gold Hill Capital, a leading provider of growth capital financing for venture-backed technology and life science companies; SVB Silicon Valley Bank, a provider of commercial banking services to emerging growth and mature companies in the technology, life science, private equity and premium wine industries; and, Deutsche Bank, a leading global investment bank. iRise will leverage this new round of capital to drive new product development and broaden the distribution of its marketing leading application simulation solution to new markets in 2008.
More at:
iRise
Carla A. Schlemminger, 415-772-0827
carlas@irise.com
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