Trackvia Secures Funding from Flywheel Ventures

Investment Accelerates Trackvia's Commitment to Providing an Innovative Online Database Application
Trackvia, provider of an innovative online database application, today announced that it has secured funding from Flywheel Ventures. Trackvia has created a web-based database platform to help organizations better track and collaborate on their business critical data. The funding will be used to help Trackvia further develop its technology, grow its customer base and hire additional employees.

"We focus our investments on companies with strong management teams, innovative technologies and attractive market opportunities," said Scott Caruso, general partner of Flywheel Ventures. "Trackvia fits this profile perfectly and we're especially impressed by the team - with their extensive backgrounds in founding and growing technology companies, we're very confident in their ability to make Trackvia a big win for our fund."

Trackvia offers organizations of all sizes an easy and flexible way to manage their data and improve their businesses. Features include the ability to manage mailing lists, clients and contacts; organize assets, inventory, locations or partners; sort and filter information; and create custom reports. In addition, Trackvia enables users to share and manage information in real-time and set appropriate permissions to ensure users see and change only the information they are allowed to access.

"Millions of organizations today use traditional spreadsheet software or white boards to collect and manage their data, which can be very limiting and time-consuming," said Matt McAdams, chief technology officer of Trackvia. "We founded Trackvia with the vision of offering businesses a one-stop shop for storing and managing data online. Trackvia combines the power of a database with the ease-of-use of a spreadsheet and gives organizations greater flexibility, visibility and control over their data."

"The investment from Flywheel Ventures will not only help fund our growth, but also give us access to the hands-on, operational and entrepreneurial experience of the Flywheel team," said Chris Basham, president of Trackvia. "We look forward to working with them to expand our market presence and grow the company."

About Flywheel Ventures

Flywheel Ventures is a venture capital firm that makes investments of first institutional capital in the Mountain West. Flywheel targets companies based on innovations in information technology and the physical sciences. The firm matches talented entrepreneurs and market opportunities with Flywheel's capital, entrepreneurial experience, and industry relationships to accelerate innovations into profitable companies. Flywheel is based in Santa Fe and also has offices in Albuquerque and San Francisco. For more information on Flywheel, please visit http://www.flywheelventures.com.

About Trackvia

Trackvia provides organizations with an easy and flexible way to manage data and improve their business. Trackvia provides an online database application that gives organizations greater flexibility, visibility and control over their data through features such as the ability to manage mailing lists, clients and contacts; organize assets, inventory, locations or partners; sort and filter information; create custom reports, share data in real-time and set up different levels of permission-based access. Trackvia is funded by Flywheel Ventures and other private investors. For more information, please visit www.trackvia.com.