SpringCM Garners $15,000,000 New Funding

  • Feed Type
  • Date
    9/15/2010
  • Company Name
    SpringCM
  • Mailing Address
    350 North Orleans Street Chicago, IL 60654
  • Company Description
    Our integrated subscription solution incorporates enterprise search, remote storage, collaboration and content distribution technologies completely on demand. SpringCM combines mature technologies with innovations from our R&D lab to offer applications designed to serve people, so that people don’t end up serving the technology. We make our products easy to use, easy to procure, and easy to manage – and hide the technical complexity in a clean, simple experience.
  • Website
    http://www.springcm.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $15,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The additional funding will aid in fueling our expansion of channel sales, partner relationships and research and development, enabling us to remain in a clear leadership position.
  • M&A Terms
  • Venture Investor
    Foundation Capital
  • Venture Investor
    North Bridge Venture Partners
  • Venture Investor
    Silicon Valley Bank

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