Volusion Completes $35 Million in Debt Financing

Volusion announced the completion of $35 million in debt financing to expand its ecommerce software and services. The Austin-based company secured the line of credit from Silicon Valley Bank. The company plans to use the money to further develop its software platform and to hire product, support, sales, marketing and IT workers. The company decided […]

CTAN is the Most Active Angel Group Nationwide

Texas had 11 percent of all angel group deals in the second quarter of this year, according to the latest Halo Report. The deals, with a median investment round of $590,000, had pre-money valuations of $2.5 million. And 74 percent of the deals were syndicated. “When angels co-invest with other types of investors the media […]