Exchange Solutions Secures $4.25 Million Venture Loan from MMV Financial Inc. > MMV Financial | Venture Loan | Bridge Loan | Structured Loan | Debt Financing | MMV Capital Partners > Archives

Funding Rounds

Summary

“ESI is a pioneer in the area of Collaborative Exchange Optimization, the next-generation of Customer Relationship Management solutions,” commented Ryan Kovac, Vice President of MMV Financial Inc. “This is a burgeoning area, and we believe that ESI has the team and partnerships to capitalize on this opportunity.” “This financing addressed our working capital needs and enables us to focus on new customer engagements,” commented Alan Grant, CEO and co-founder of ESI. We look forward to having them as a financial partner.” ESI’s hosted technology application platform enables a company and an individual customer to collaborate in identifying win-win value “exchange solutions”. At every point of web, call center and in-store interaction the customer can assist in identifying, configuring and negotiating individualized solutions that also result in increased relationship profitability for the company. The Gartner Group has recognized ESI as the category-creating and leading provider of this innovative new class of performance improvement solution. Alan Grant Chief Executive Officer Exchange Solutions Inc. 781-693-0300 agrant@exchangesolutions.com About MMV Financial Inc. MMV Financial is a Toronto-based specialty finance company providing creative debt solutions to technology and life sciences companies across North America.

$ Funding

$
Amount $4.3M Total raised
Date May 14, 2008 Announcement date
Investors - Lead investors
Company http://www.exchangesolutions.com Funded company

Classifications

industries
Fintech & Banking
applications
Data Management

AskAI Classifications

Labels
SaaS Retail Software Loyalty Program Software

Linked Companies

Exchange Solutions
$10M to $25M