Velosel Overview

  • Year Founded
  • 1999

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

Velosel General Information

Description

Developer of a business-to-business software intended to connect suppliers to buyers of products. The company's business-to-business software effectively manage their electronic sales channels, including corporate e-procurement systems and e-marketplaces, enabling supplier facilitate in catalog and order management.

Contact Information

Website
www.velosel.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 914 North Rengstorff Avenue
  • Mountain View, CA 94043
  • United States
Primary Industry
Business/Productivity Software
Acquirer
TIBCO Software
Vertical(s)
TMT, B2B Payments
Corporate Office
  • 914 North Rengstorff Avenue
  • Mountain View, CA 94043
  • United States

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Velosel Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Merger/Acquisition 24-Oct-2005 Completed Generating Revenue
4. Early Stage VC 29-May-2003 Completed Generating Revenue
3. Early Stage VC 13-Aug-2001 Completed Generating Revenue
2. Early Stage VC $13.5M $13.5M Completed Generating Revenue
1. Merger of Equals 01-Aug-1999 Completed Generating Revenue
To view Velosel’s complete valuation and funding history, request access »

Velosel Executive Team (2)

Name Title Board Seat
Neeraj Gokhale Founder
Glenn Abood Chief Executive Officer
To view Velosel’s complete executive team members history, request access »

Velosel Former Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds
Levensohn Venture Partners Venture Capital Minority
Mobius Venture Capital Venture Capital Minority
Pacific Partners Venture Capital Minority
SoftBank Capital Corporate Venture Capital Minority
Thunder Road Capital Venture Capital Minority
You’re viewing 5 of 6 investors. Get the full list »

Velosel Acquisitions (1)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
HubStorm 06-Aug-2001 Business/Productivity Software
To view Velosel’s complete acquisitions history, request access »

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Velosel FAQs

  • When was Velosel founded?

    Velosel was founded in 1999.

  • Who is the founder of Velosel?

    Neeraj Gokhale is the founder of Velosel.

  • Who is the CEO of Velosel?

    Glenn Abood is the CEO of Velosel.

  • Where is Velosel headquartered?

    Velosel is headquartered in Mountain View, CA.

  • What industry is Velosel in?

    Velosel’s primary industry is Business/Productivity Software.

  • Is Velosel a private or public company?

    Velosel is a Private company.

  • What is Velosel’s current revenue?

    The current revenue for Velosel is .

  • How much funding has Velosel raised over time?

    Velosel has raised $39.5M.

  • Who are Velosel’s investors?

    Levensohn Venture Partners, Mobius Venture Capital, Pacific Partners, SoftBank Capital, and Thunder Road Capital are 5 of 6 investors who have invested in Velosel.

  • When was Velosel acquired?

    Velosel was acquired on 24-Oct-2005.

  • Who acquired Velosel?

    Velosel was acquired by TIBCO Software.

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