TMCnet News
Nuxeo raises $3.3 million additional Series A fundingJun 25, 2010 (Datamonitor Financial Deals Tracker via COMTEX) -- Nuxeo, a France-based provider of enterprise content management software, has raised $3.3 million additional funding in Series A round led by OTC Asset Management. Including this financing, Nuxeo has raised a total of $5.9 million in Series A financing. Nuxeo had raised $2.53 million in Series A funding in 2008. Deal Value (US$ Million) 3.3 Deal Type Venture Finance Sub-Category Growth Capital/Expansion Deal Status Completed: 2010-06-24 Deal Participants Target (Company) Nuxeo Deal Rationale Nuxeo capital will support a range of partner activities, such as funding co-development of third-party packaged applications, sharing Nuxeo engineering and services resources, as well as joint marketing and product launch activities. |
