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.

 

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