Mendix Obtains $25,000,000 Series B Financing Round

  • Feed Type
  • Date
    1/23/2014
  • Company Name
    Mendix
  • Mailing Address
    374 Congress Street Boston, MA 02210
  • Company Description
    Built on a combination of early academic research and personal frustration with the rigidity and complexity of traditional enterprise software, Mendix originated as a spin-off from the Technical University Delft and the Erasmus University of Rotterdam.
  • Website
    http://www.mendix.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $25,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The investment will fuel the company’s continued global expansion, product development and sales efforts, aggressively increasing its market share.
  • M&A Terms
  • Venture Investor
    Battery Ventures
  • Venture Investor
    Prime Ventures

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