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    Tuesday, January 31, 2006

    DispenseSource Raises $13.75M
    Irvine-based DispenseSource has raised $13.75M in a new round of funding. The firm said that the round came from Inverness Capital Partners and The Argentum Group, with participation from existing investors Mission Ventures and InnoCal Venture Capital. DispenseSource is developing inventory management systems used for the industrial and maintenance operations market. The company said that the investment will allow it to broadan its management solutions, and to expand development, marketing, and sales initiatives.
    posted on Tuesday, January 31, 2006 (Link to more information)

    Related stories:
    > DispenseSource Adds VP Sales
    > DispenseSource Expands Inventory Management Tools
    > DispenseSource Hires Professional Services Head
    > DispenseSource Signs Tool Supply Firm
    > DispenseSource Becomes Nexiant

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