Sonian Garners $4,100,000 New Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=672cf8e7-295e-4d6e-8663-4bdc9317890a&Preview=1 -
Date
7/8/2009 -
Company Name
Sonian -
Mailing Address
Undisclosed Dedham, MA 02026 -
Company Description
Sonian is a technology platform and hosted services company on a mission to help millions of organizations world-wide manage their critical IT functions such as archiving, search, compliance, e-discovery and storage management. The Sonian platform is easy to use, cost effective, scalable and secure. The Company leverages a mixture of Web 2.0 frame works, open source components, proprietary intellectual property, and grid computing utility infrastructure to deliver competitive hosted services at a fraction of the cost of other current vendors. -
Website
http://www.sonian.net/ -
Transaction Type
Venture Equity -
Transaction Amount
$4,100,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
Proceeds purposes were not disclosed. -
M&A Terms
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Venture Investor
Prism VentureWorks
