V-Rooms Releases Kabbage Case Study
Kabbage(TM), the leading online provider of small business financing, has been using the VRooms Virtual Data Room platform to assist in equity and debt financing since the firm’s
founding.
Dallas, TX (PRWEB) April 29, 2013 -- V-Rooms released a case study detailing how Kabbage used the VRooms Virtual Data Room service for its recent Series C funding round, as well as for developing and
maintaining strategic relationships with institutional investors.
Kabbage used V-Rooms in the due diligence process as it was preparing for its Series C funding round. The
company has continued to leverage V-Rooms to assist in other financing transactions. Kabbage uses V-Room to
store sensitive information such as financial statements, employee data, and legal documentation and provide
potential investors and lenders easy and secure access to this data
"V-Rooms saves us valuable time and money and helps us accomplish our goals quickly and efficiently by
providing secure document repositories of which we have total access and control," said Marc Gorlin,
Chairman & Co-Founder at Kabbage, Inc.
Kabbage uses multi-purpose V-Rooms to solve various challenges such as sharing, storing, and tracking
confidential financial and legal information. V-Rooms allows Kabbage to regulate the levels of access for
different users and track what information has been accessed in order to gauge interest and focus attention on
potential lenders and investors.
“V-Rooms is leading the charge in using virtual data room technologies in non-traditional ways,” said Karen
Perkins, President of V-Rooms. “We strive to provide our individual attention to customize a solution to meet
our client’s needs.”
About Kabbage, Inc.: Kabbage, Inc., headquartered in Atlanta, has pioneered the first financial services data and technology platform
to provide funding to small businesses in fewer than 7 minutes. Kabbage leverages data generated through
business activity such as online sales, shipping, and dozens of other sources to understand performance and
deliver fast, flexible funding in real time. Kabbage is venture funded and backed by Thomvest Ventures, Mohr
Davidow Ventures, BlueRun Ventures, the UPS Strategic Enterprise Fund, with additional investors including:
Ron Conway’s SV Angel, David Bonderman, founder of TPG Capital, Warren Stephens, CEO of Stephens Inc.,
Western Technology Investment, H. Barton Asset Management, and TriplePoint Ventures. For more
information, please visit http://www.kabbage.com and follow the company on Facebook and Twitter.
About V-Rooms:
V-Rooms provides a cloud-based, customizable virtual data room (VDR) solution that is designed to streamline
document management, collaboration, exchange and archiving for financial, legal and corporate professionals.
The V-Rooms Software-As-A-Service (SAAS) secure document portal facilitates the secure exchange of
sensitive information providing compliant and auditable transactions. V-Rooms enable the acceleration of
complex, information-intensive processes while reducing the time and expenses associated with data
distribution, courier, printing and travel. Additional information can be found at http://www.v-rooms.com
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Contact Information
Karen Perkins, President
V-Rooms
http://www.v-rooms.com
800-731-6379
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