WebLink International Receives $3.5M in Venture Funding
INDIANAPOLIS, IND. – June 6, 2008 –
WebLink International, a leading provider of online software for
membership-based organizations, announces today that it has closed a $3.5M round
of funding from Blue Chip Venture Company, Carmel, Ind.-based Spring Mill
Venture Partners and the newly established HALO Capital Group from Indianapolis.
Founded in 1996, WebLink is a Software as a
Service (SaaS) company that provides online software
to over four hundred membership-based organizations.
WebLink clients include the Boston (Mass.) Chamber
of Commerce, the Indiana Manufacturers Association,
the Arizona Grant Makers Association, the Door
County (Wis.) Visitors Bureau, the Gatlinburg
(Tenn.) Chamber of Commerce and many of the nation’s
top state and metro business association and
chambers of commerce. WebLink’s software provides
membership-based organizations one simple interface
to manage their entire business. The system includes
integrated tools for member and relationship
management, powerful real-time reporting, robust
retention and sales tools, forecasting and financial
management, business intelligence, web site creation
and hosting, e-commerce and event management.
“SaaS providers like WebLink are helping
organizations cut costs and increase efficiency, so
there couldn’t be a better time to invest in one of
the industry’s leading players,” Don Aquilano,
managing director of Blue Chip Venture Company, and
WebLink’s newly appointed chairman of the board.
“I’m thrilled to become involved with a company that
could drastically change the way organizations
manage their operations.”
WebLink plans to use the capital to increase
support and operations staff to train and support
their rapidly growing client base. In addition, the
company plans to increase the services, development
and implementation teams while expanding sales and
marketing initiatives nationally. WebLink will
continue to focus its product and service offerings
on the needs of chambers of commerce, business
associations, convention and visitor bureaus and
similar member-based organization. “We are looking
forward to continuing our growth and serving our
very loyal client base. We want to build on our
successes and increase our market position through
even better products and services,” said DJ Muller,
president and CEO of WebLink International.
“Receiving funding from three great venture firms
speaks volumes about our current success and future
potential. Five years from now, we expect WebLink to
be the standard for business association management
software due to our continued innovation and
fantastic client support.”
As part of the financing, Don Aquilano, managing
director of Blue Chip Venture Company, David Mann,
managing partner with Spring Mill Venture Partners,
and successful entrepreneur, Scott Webber from the
HALO Capital Group will be joining the board of
directors.
About WebLink international:
WebLink International provides comprehensive
online software and service solutions to support the
business management needs of member-based
organizations. Headquartered in Avon, Indiana,
WebLink delivers a powerful software suite that
manages the operations, marketing, finance, website,
and member management functions of business
associations. The software solution allows clients
to automate and streamline operations, reduce costs,
optimize data for business intelligence, communicate
and collaborate effectively, generate non-dues
revenue, and add significant value to the members
they serve. WebLink is a Microsoft Certified
Partner. For more information, please contact us at
(877) 231-4970 or by e-mail:
info@weblinkinternational.com.
