MARIETTA, GA – Interactive Advisory Software has nabbed a $4.68 million financing from five investors, according to a regulatory filing. The company, which sells Internet-based wealth management software to financial advisors, is a subsidiary of Optima Technologies Inc. In addition to Marietta, it has offices in Orlando.

The company raised $1 million from Atlanta’s Total Technology Ventures in November 2009 and $2 million in follow-on financing it reported in a filing with the U.S. Securities and Exchange Commission in May 2010.

Total Technology Ventures’ Partners Mark Johnson and Gardiner Gerrard III are cited as principals in the current SEC filing disclosing the current raise. — Allan Maurer

Contact Tech Journal South Editor and writer Allan Maurer: Allan at TechJournalSouth dot com.

Previously on TechJournal South:

Southeast Venture Conference, February 29 – March 1, 2012 at the Ritz Carlton in Tysons Corner, VA – Where Smart Money Meets Smart People.
www.seventure.org

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Tags: Atlanta, financing, g, Georgia, IAS, Total Technology Ventures, wealth managment software