Friday, April 4, 2008

Fishbowl is the leader in on-demand email marketing software solutions for the restaurant industry has secured $12 million

What Company Is Offering:
Fishbowl is the leader in on-demand email marketing software solutions for the restaurant industry. Fishbowl serves 700 restaurant companies in North America and Europe powering email marketing to over 28,000 restaurant locations. Fishbowl's solutions make it easy for our restaurant partners to identify their restaurant guests, manage their guest database, deliver high quality email marketing campaigns to drive repeat visits and generate revenue.

How Much They Got From VCs:

Fishbowl, Inc., the leading provider of on-demand marketing solutions for the restaurant industry, announced that it has secured $12 million in growth capital from Valhalla Partners and a current shareholder, Edison Venture Fund, to support its sales, marketing and new product development. Valhalla Partners, a Vienna, VA-based venture capital firm focused on information technology companies, was the primary investor in the financing round. Edison Venture Fund, an investor in expansion stage information technology companies, and individual investors also participated in the financing. RBC Capital Markets acted as the exclusive placement agent for Fishbowl on this transaction.

Fishbowl, the leader in email marketing to the restaurant industry, will use its investment to fund sales and marketing efforts of its industry-leading core email products as well as development and launch of its new marketing technology suite. Fishbowl's broader marketing solutions will provide restaurants with fully integrated mobile marketing, online ordering and online reservations in addition to its primary best-of-breed email marketing.

About VCs:

Valhalla Partners is a trusted partner and advisor to technology entrepreneurs in their quest to build world-class companies. Based in Vienna, Virginia, the firm's management team has made more than 120 investments over the past twenty years and produced almost $1 billion of investment proceeds. Valhalla prefers investments where the mission of the company is to innovate, challenge and fundamentally change the dynamics of new and existing markets.

Valhalla Partners brings the full power and network of its experienced team to every investment it makes, helping companies grow faster and smarter regardless of size or maturity. For more information, visit


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