Growthink raising $15 million round for iControl Systems
iControl Systems has hired the Growthink investment bank to help it raise $15 million in a first round of venture capital.
iControl in Rockville, Md., provides data and billing consolidation software to print media retailers and publishers. It enables those customer to share and analyze data for the distribution, cost, sales and revenue generated from their newspaper and print media publications.
Los Angeles-based Growthink is targeting its banking services and financial advice to emerging and mid-market companies, said Jeff Jones, a managing partner at Growthink.
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About the Author, Dean Takahashi
Dean is lead writer for GamesBeat at VentureBeat. He covers video games, security, chips and a variety of other subjects. Dean previously worked at the San Jose Mercury News, the Wall Street Journal, the Red Herring, the Los Angeles Times, the Orange County Register and the Dallas Times Herald. He is the author of two books, Opening the Xbox and the Xbox 360 Uncloaked. Follow him on Twitter at @deantak, and follow VentureBeat on Twitter at @venturebeat.