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Raising $90 million without VCs
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Raising $90 million without VCs
Ensequence CEO Dalen Harrison on going it alone (Updated to reflect additional info from Harrison) I’ve been around the startup fundraising process long enough to know that raising $90 million requires either a big strategic investor or venture capitalists.Surprisingly, there are startups out there that can do without Sand Hill Road, or other hot spots across the world of startup financing. Ensequence, which started in 2000, is one of those rare companies. Ensequence raised $90 million in total without attracting big institutional investors providing large chunks of capital.  The only institution that Ensequence won over was Westbury Partners, which put in $7.5 million. But Westbury is not a traditional venture firm. Westbury is a "Small Business Investment Company" or SBIC, licensed by the Small Business Administration.In this segment ...   [ Read more ]
Video Length: 0
Date Found: February 10, 2009
Date Produced: February 08, 2009
View Count: 1
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