StatusNet secures additional venture capital funding
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[August 04, 2010]

StatusNet secures additional venture capital funding

Aug 04, 2010 (Datamonitor Financial Deals Tracker via COMTEX) -- StatusNet, Inc., a Canada-based developer of open source software to create and distribute open content, has secured an additional investment led by FirstMark Capital, LLC.

BOLDstart Ventures, iNovia Capital and Montreal Start Up have also participated in the round. Pursuant to the transaction, StatusNet's total investment will be $2.3 million.

Deal Type Venture Finance Sub-Category None Deal Status Completed: 2010-08-03 Deal Participants Target (Company) StatusNet, Inc.




Deal Rationale This investment will give additional resources to StatusNet's recent development of desktop and mobile clients.

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