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IT, cloud, Sonian

Sonian Closes Series A

Ryan McBride 9/16/09

Sonian, a Needham, MA, provider of cloud-based e-mail archiving services for businesses, announced on its website earlier this week that it has closed a $5.6 million Series A round of financing. The institutional investors in the round include Prism VentureWorks and SummerHill Venture Partners. Greg Arnette, founder and chief technology officer of Sonian, told me this morning that this round is the completion of the $4.1 million financing that Wade reported back in July based on an SEC filing, which said the round could go as high as $6.6 million.

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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