Active Endpoints, Inc. Garners $5,000,000 Series B Financing Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=238b67ac-23f4-4b23-b350-746dfa0c8ba5&Preview=1 -
Date
4/29/2009 -
Company Name
Active Endpoints, Inc. -
Mailing Address
230 2nd Avenue, 2nd Floor Waltham, MA 02451 -
Company Description
Active Endpoints is the leading developer of Visual Orchestration Systems. VOS empowers line of business project teams to create applications using services and industry standards, making their businesses more agile and effective. Active Endpoints’ ActiveVOS is the first product family to promote mass adoption of SOA-enabled applications by focusing on accelerating project delivery time with a standards-based, easy to use system. Active Endpoints is headquartered in Waltham, MA with development facilities in Shelton, CT. -
Website
http://www.active-endpoints.com -
Transaction Type
Venture Equity -
Transaction Amount
$5,000,000 -
Transaction Round
Series B -
Proceeds Purposes
Active Endpoints will use the new funding to expand R&D, marketing and sales to capitalize on the success of ActiveVOS in the Business Process Management (BPM) marketplace. -
M&A Terms
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Venture Investor
North Bridge Venture Partners
