SafeHarbor raises $5M
From the Puget Sound Business Journal
January 20, 2005
SafeHarbor Technology Corp. said it has raised $5 million from existing investors OVP Venture Partners, Wheatley Partners and Covestco in what it calls a series C funding.
The company said it "has transformed itself" in recent months under the leadership of Annette Jacobs, who was named president and chief executive officer in April 2003.
The Satsop-based company provides customer interaction and business intelligence services. Officials said it recently achieved a 100 percent customer renewal rate and double-digit revenue growth.
The company in March 2002 said it had raised $7.5 million in its fourth funding round, bringing its total financing to that point to $40.5 million.
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