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For more information regarding this transaction contact:
  • Mike Townley Investment Banking 213.536.0241
  • Tim Klein Investment Banking 612.260.6173

Selectica, Inc.

Lake Street Capital Markets is pleased to announce it served as sole placement agent to Selectica, Inc. (NASDAQ: SLTC), a cloud based SaaS software company, in its $5.9 million private placement to institutional funds and accredited investors. 
About Selectica
Headquartered in San Mateo, CA, Selectica provides a platform for enterprises worldwide to create, manage, and optimize business relationships with contracts at the core. Selectica helps global companies actively manage their contracts throughout the sales, procurement and legal life cycles. Selectica's contract management solutions drive business value by assisting organizations in managing contracts profitably, effectively accelerating revenue opportunities, and minimizing risk through compliance.  Through Iasta, a Selectica company, they provide leading strategic sourcing and spend management solutions, dedicated to empowering sourcing and purchasing professionals.


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