[July 14, 2011] Jaspersoft receives new capital financing Tweet Jul 14, 2011 (TELECOMWORLDWIRE via COMTEX) -- Business intelligence (BI) software developer Jaspersoft announced on Thursday that it has received USD11m of new capital financing. The company said that the investment was led by existing investors Red Hat and SAP Ventures, in addition to new investor Quest Software (Nasdaq:QSFT). It also included participation from all existing major investors: Doll Capital Management, Morgenthaler Ventures, Partech International, Scale Venture Partners and Adams Street Partners. The funds will be used to finance the company's product roadmap, global expansion and potential strategic acquisitions. Comments on this story may be sent to [email protected] [ Back To TMCnet.com's Homepage ]