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$2.6M Financing for Imaginatik

Ryan McBride 8/11/09

Imaginatik, a provider crowdsourcing software for large businesses, said yesterday that it has raised $2.6 million from unnamed new and previous investors. The firm (AIM:IMTK) has main offices in Boston and Winchester, United Kingdom, according to its website. The company said the funding will bankroll its growth plans and further development of enterprise crowdsourcing software, which is designed for such tasks gathering and managing ideas from large groups of collaborators.

Ryan McBride is Xconomy's correspondent. You can reach him at rmcbride@xconomy.com, or follow him on Twitter at http://twitter.com/Ryan_McBride.


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