Venture Capital News: Attendware Lands $1M in Series A
2013-06-25
BOSTON, MA, Fastest growing event check in and auto name tag printing software company, announced today that it has raised a $1M Series A round of funding from .406 Ventures.
Attendware Corporation announced today that it has raised a $1M Series A round of funding from .406 Ventures. Attendware is the fastest growing event check in and auto name tag printing software. The cash infusion will enable Attendware to expand its technology and sales ranks and accelerate the deployment of its rapidly growing onsite event management software.
Attendware is used to create a premium experience for guests at events run by membership driven organizations, such as universities and non-profit institutions. The software enables event organizers to effortlessly capture attendance data and easily report on key metrics to measure event success. Attendware also automates many of the painful and time-consuming aspects of events, such as name tags, by leveraging on-the-spot, sub one second custom name tag printing.
The product was born at Northeastern University, where co-founder Greg Skloot headed one of the university's largest student organizations, the Entrepreneurs Club. "We had weekly events with 150+ attendees and we had no clue who our members were," Skloot noted. "I built the initial prototype of Attendware because of the pain I experienced as an event organizer and leader of a membership-driven organization."
Since then, Attendware adoption has skyrocketed. Attendware has checked in and auto-printed name tags for tens of thousands of attendees at events. Northeastern University has since become one of Attendware's largest customers. "We're extremely impressed with Attendware. It has saved us countless hours of prep work and provided the extra high-tech touch that we strive for when putting on premium events for our alumni and the university community," said Brian Loutitt, Senior Director of Events at Northeastern University.
Founded in 2006, .406 Ventures is a venture capital firm focused on investing in market-innovative growth technology and services companies being built by the finest entrepreneurs. .406 focuses primarily on early stage, IT and services companies in sectors where the partners have unique domain expertise, a successful track record, and established networks " IT Security; HealthIT, Big Data, Cloud and Internet Infrastructure; and Digital Media Infrastructure.
Maria Cirino, Managing Director, .406 Ventures added, "Attendware's offering represents the next generation of event and constituent tracking technology. There is an enormous market for this technology and we continue to be blown away by the reception it receives in nearly every market we enter. We're excited - both about the innovative product and the ambitious entrepreneurs behind it."
About Attendware
Attendware is the fastest growing event check in and auto name tag printing software. Event professionals across higher education, non-profits and a variety of other sectors leverage Attendware to impress guests, slash prep time for their events and collect data to validate event effectiveness and optimize future events. Attendware's cloud-based onsite event management software turns any laptop or tablet into a check-in kiosk to take attendance, auto generate name tags, send text alerts for VIP arrivals and manage real-time attendee data. Learn more at http://www.attendware.com.
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