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Mzinga Ups Financing, Fuses Products

Wade Roush 9/23/09

Mzinga of Burlington, MA, said today that it has raised $10 million in new capital this month, including a previously disclosed $6.1 million financing and a more recent add-on. New investors Acadia Woods Partners and BlueCrest Venture Finance Master Fund joined existing investors W Capital Partners and Shared Capital Partners in the rounds. Mzinga also announced today that it has combined its human resources, social media marketing, and customer support platforms into a single product, called OmniSocial.

Wade Roush is Xconomy's chief correspondent. You can e-mail him at wroush@xconomy.com, call him at (617) 252-7323, or follow him on Twitter at http://twitter.com/wroush.


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