deals, debt, Ignition Partners

Ignition, Trilogy Back FIREapps

Ryan McBride 1/12/09

Bellevue, WA, venture firms Ignition Partners and Trilogy Equity Partners have invested $7.5 million in a second round of equity financing for FIREapps, a Scottsdale, AZ, maker of software that manages companies’ exposure to foreign currencies, according to a company press release. FIREapps also received financing through a loan facility from Silicon Valley Bank.

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.