Monday, April 2, 2007

Inertia Beverage Group Raises $8M

Napa, California-based Inertia Beverage Group, a provider of web-based, sales and marketing tools for wineries, said Monday afternoon that it has raised $8M in a Series B funding. The firm said that the funding came from Allegis capital and Sid R. Bass Associates. Inertia's systems are used by wineries conducting direct-to-consumer and direct-to-trade wine sales. Bob Ackerman and Paul Pappajohn have joined the company's board as part of the funding. More information »