Venture Capital News: StratusLIVE Raises $2.3M in Growth Funding
2013-06-13
VIRGINIA BEACH, VA, Leading provider of Cloud-Based Fundraising and CRM solutions to nonprofit organizations, today announced it has received $2.3M in growth capital from private investors.
StratusLIVE, (http://www.stratuslive.com) a leading provider of Cloud-Based Fundraising and CRM solutions to nonprofit organizations, today announced it has received $2.3M in growth capital from private investors. The funding will support expansion in Customer Support, Marketing, Sales, and Operations in the U.S. to address accelerating demand for the company's StratusLIVE for Fundraisers products and services.
StratusLIVE for Fundraisers is an enterprise-class Software-as-a-Service (SaaS) solution that provides comprehensive fundraising, constituent relationship management, financial processing for donations and pledges, distributions and payouts, campaign management, multichannel marketing, and advanced analytics. In addition, StratusLIVE for Fundraisers includes event and volunteer management, planned giving, data enrichment, and web-based portals for online campaigns.
Architected as a true cloud-based solution, StratusLIVE software is mobile and social and is available anywhere, anytime, through browsers, Microsoft Outlook, and mobile devices.
"At StratusLIVE, our vision is inspired by the work of great nonprofits that are making the world a better place for all of us. In today's mobile, social world, fundraisers must strengthen their focus on constituent relationships: prospects, donors, volunteers, partnerships, and of course the individuals and communities they serve," said Jim Funari, StratusLIVE CEO. "StratusLIVE's modern commercial architecture and comprehensive, relationship-focused software offers nonprofit organizations an innovative, low-risk alternative to aging legacy point systems prominent in today's market."
StratusLIVE software is used broadly across the nonprofit community with clients such as United Way, Community Health Charities, YMCA, and the Regional Food Bank of Oklahoma. Additional nonprofit sectors served include health, human services, religious organizations, and others.
About StratusLIVE, LLC
StratusLIVE is a leading provider of Cloud-Based Fundraising and CRM solutions to nonprofit organizations.
StratusLIVE for Fundraisers is an enterprise-class Software-as-a-Service (SaaS) solution that provides comprehensive fundraising, constituent relationship management, financial processing for donations and pledges, distributions and payouts, campaign management, multichannel marketing, and advanced analytics. In addition, StratusLIVE for Fundraisers includes event and volunteer management, planned giving, data enrichment, and web-based portals for online campaigns.
Architected as a true cloud-based solution, StratusLIVE software is mobile and social and is available anywhere, anytime, real-time through your browser, Microsoft Outlook, and mobile devices. Leveraging the power of the Microsoft Dynamics CRM® platform results in a cost-effective, familiar, and easy to use donor management solution, which ensures a low-risk, high-productivity investment for any nonprofit.
StratusLIVE is headquartered in Virginia Beach, VA with multiple offices throughout the United States. For more information about StratusLIVE, please visit http://www.stratuslive.com.
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