Congrats to our friends at Volition Capital!

Larry Cheng, Volition Capital

$250 million in capital commitments is no small feat. But we’d expect nothing less from our friends and colleagues at Volition Capital who just closed that truly impressive amount on their third fund in an amazingly short period of time—six weeks!

When Volition led the charge in Pramata’s Series A funding round last year, we knew we were working with a growth equity firm with a distinct collaborative philosophy that aligned very well with how myself and the Pramata management team looked at our business.

As Larry Cheng, Volition Capital managing partner and Pramata board member, has written in his illuminating blog post on the new fund, Volition is both a “conservative and aggressive firm.” At Pramata, we view ourselves in the same way—we are aggressive in creating a powerful and path-breaking suite of Customer Relationship Intelligence solutions. But at the same time, we are conservative in that we deliver what we say (no vaporware!) and we like to run our company as a healthy and profitable business.

With the support of Volition and our other valuable investors, Pramata is hitting its stride in a very big way. We’re digitizing valuable untapped customer data from contracts, billing systems, and CRM systems for some of the largest companies in the world. By partnering with us, they’re leveraging digital customer intelligence to unlock significant revenue opportunities within their most valuable customer relationships and establishing Pramata Customer Relationship Intelligence™ as a fundamental solution to drive results for finance, sales, operations and legal teams alike.

Entrepreneurs need more financial partnership options of the caliber Volition offers. It has been a wonderful partnership so far, and we look forward to becoming one of their market-leading home runs … adding to their outstanding track record. I’m also very excited to see the next class of Volition-funded companies and follow their own stories of success.

My hearty congratulations to Larry, Roger, Sean, and the rest of the Volition team. Cheers!

Pramata BoD Gets New Energy Boost


IBM. Oracle. PeopleSoft. Pramata.

Are we being a bit overzealous to place ourselves in that good company? Patrick Quirk doesn’t think so. Pat brings more than 25 years of experience in CRM, ERP, finance, supply chain and other high-tech industries, including senior executive leadership with those three big guys. That’s why we’re thrilled to announce that Pat recently joined the Pramata board of directors.

 “It is an incredible opportunity to join the Pramata board,” said Pat, founder and general partner of ORCA Equities, LLC. “I’m excited to be part of this visionary team that empowers companies with the intelligence to proactively grow, manage and retain their most rewarding business relationships.”

The Pramata Customer Relationship Intelligence (CRI) solution extracts and synthesizes essential—but often hidden—information about customers from contracts, billing systems and deal documentation. Sales, finance, legal and operations teams rely on this insight—placed into relevant context based on their role—to fuel rapid growth and stronger connections with their most valuable customer relationships.

Trusted by global brands, including Cisco, Callaway, CenturyLink, Comcast and FICO, Pramata helps B2B companies accelerate deals, strengthen customer retention and drive more informed cross-sell and up-sell initiatives.

Pat’s experience injects incredible value into Pramata’s strategic direction and growth. It’s one more big step toward putting the power of CRI to work for the world’s most innovative organizations.

Read the full press release to learn more.