Xconomy Seattle

Topaz Bridge Lands $2,000,000 Series B Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bc9c6d5f-0301-43e7-9576-d0c1a826fa8e&Preview=1
Date
2/24/2009
Company Name
Topaz Bridge
Mailing Address
330 120th Ave NE, Building C Bellevue, WA 98005
Company Description
Topaz Bridge was founded in 2007 to use Microsoft® Office Sharepoint® Server to help large organizations get more utility and return from their investment in line-of-business applications. The company was founded by Noam Topaz, former chief SharePoint evangelist and collaboration expert at Microsoft.
Website
http://www.topazbridge.com
Transaction Type
Venture Equity
Transaction Amount
$2,000,000
Transaction Round
Series B
Proceeds Purposes
This funding plans to use the new capital to hire more sales, marketing, and engineering workers as well as to expand into Europe later this year.
M&A Terms
Venture Investor
Undisclosed