Vendio acquires Andale, an online sales management company
Summary
Andale, a Sunnyvale company that helps vendors put their listings on eBay and then manage transactions, has been acquired by San Mateo company, Vendio, for an undisclosed amount. Vendio, an online sales management company, itself is a privately held. Founded in 1999, it chomped through $37 million, and its original investors, including Sequoia Capital were essentially washed out when the company was forced to take more money in 2002 from Lighthouse Capital Partners and MVC Capital. It isn’t clear whether Andale’s investors made money on this transaction. Andale has raised at least $64 million from investors such as Accel Partners, Mohr Davidow Ventures and Oak Hill Venture Partners.
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industries
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applications
Accounting and Taxes
AskAI Classifications
Labels
E-commerce Software
Multi-Channel Selling Software
Inventory Management Software
Linked Companies
Vendio Services (Vendio)
$1M to $5M
Andale
$1M to $5M