Xconomy Boston

Signiant, Inc. Receives $10,000,000 New Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=afbf49db-8dcc-45e8-9d6a-80d50acb1995&Preview=1
Date
9/13/2006
Company Name
Signiant, Inc.
Mailing Address
10 Second Ave. Burlington, MA 01803
Company Description
Signiant develops software solutions that enable enterprises to centrally manage their distributed data. Signiant Mobilize™ technology is installed in hundreds of enterprises worldwide, helping leading companies slash the costs of managing, protecting and sharing remote data.
Website
http://www.signiant.com
Transaction Type
Venture Equity
Transaction Amount
$10,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The capital is earmarked for expansion of the Signiant executive team and sales and marketing support for its Mobilize™ product line.
M&A Terms
Venture Investor
North Bridge Venture Partners
Venture Investor
VIMAC Ventures
Venture Investor
Boston Capital Ventures