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  • Mike Townley Investment Banking 213.536.0241
Selectica, Inc.
Lake Street Capital Markets is pleased to announce it served as financial advisor to Selectica, Inc. (NASDAQ: SLTC), a cloud based SaaS software company, in its acquisition of Iasta, Inc., a strategic software and services company.  Concurrent with the acquisition, Lake Street served as sole-placement agent to Selectica in a $7.5MM private placement to institutional funds and accredited investors.
About Selectica, Inc.
Headquartered in San Mateo, CA, the Company is a leading provider of enterprise Contract Management and Configure Price Quote (CPQ) software solutions.  Since 1996, Selectica has been helping its global customers actively manage contracts throughout the sales, procurement and legal life cycle. 
About Iasta, Inc.
Headquartered in Carmel, IN, the Company is an industry leading SaaS-based sourcing and spend management solutions company focused on providing strategic sourcing, business intelligence, spend analysis, supplier management, and contract management technology to empower procurement and sourcing professionals in mid- to large enterprises worldwide.


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