SpringSource Secures $15,000,000 Series B Financing

  • Feed Type
  • Date
    6/24/2008
  • Company Name
    SpringSource
  • Mailing Address
    411 Borel Avenue San Mateo, CA 94402
  • Company Description
    SpringSource is a leading provider of trusted open source software for mission-critical enterprise applications. SpringSource created and sustains the development of the Spring Framework, the leading Java™ and Java EE™ application framework. Through the Spring family of products, SpringSource has helped hundreds of organizations, including some of the world’s largest financial institutions and public sector clients, build and deploy mission-critical applications that boost developer productivity and increase enterprise ROI.
  • Website
    http://www.springsource.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $15,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The proceeds will be used to help the company continue to expand its operations and accelerate its growth strategy.
  • M&A Terms
  • Venture Investor
    Accel Partners
  • Venture Investor
    Benchmark Capital

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