SAN MATEO, Calif.--(BUSINESS WIRE)--WorkingGroupLink, a software-as-a-service (SaaS) company dedicated to improving efficiency and information security in capital markets, M&A and other complex transactions, has rebranded as DealSite, and has successfully completed a growth equity financing. Led by Fifteen Group, with participation from existing investor Inspiration Ventures, the investment will help DealSite expand its engineering, customer success, and customer support operations to aid a rapidly growing and diversifying customer base.
Built for the security needs of the largest global financial institutions, DealSite is a desktop and mobile application that allows bankers, attorneys, brokers, and other deal professionals to execute transactions efficiently, strengthen their client relationships, and maintain better control of the material non-public information they handle on a daily basis. DealSite integrates seamlessly with Outlook (email, contacts, calendar) and all CRM applications, and is compatible with leading device containers for secure mobile deployment.
“We are delighted to have completed this financing, and very excited about our continued expansion both within and beyond the investment banking industry,” said Brian Bissonette, a former investment banker and the company’s founder. “Fifteen Group, with over 25 years of experience executing large, complex transactions as a principal, recognized the applicability of our software to their business, and we are already benefiting from their insights.”
Ian Sanders, Co-Founder of Fifteen Group, stated: “As seasoned investors who have executed a broad range of large, complex transactions, we are better acquainted than we would like with the frustrations of managing and communicating with the sizable and rotating cast of professionals involved in even a relatively straightforward transaction.” He continued: “We identified DealSite as a solution to many of our and our business partners’ challenges, and are very excited to partner with the company as a customer and investor.”
DealSite is secure collaboration software, purpose-built for transaction professionals in capital markets, law, commercial real estate, and related industries. Our flagship software-as-a-service application provides a digital, mobile and secure alternative to contact management and communications workflows that are outmoded and needlessly risky. Our customers work more efficiently, deliver a superior experience to their clients, and sharply differentiate themselves from their competitors. Contact us at email@example.com to schedule a demo, or learn more at www.dealsite.com.
About Fifteen Group
Formed in 1992 by brothers Mark Sanders and Ian Sanders, Fifteen Group is an opportunistic investor in all major real estate asset classes, real estate secured debt, and corporate private equity and venture capital. Fifteen Group (www.fifteengroup.com) is based in Miami and has offices in Los Angeles.