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Scope 5 raises first outside funding
[December 30, 2011]

Scope 5 raises first outside funding


Dec 30, 2011 (TELECOMWORLDWIRE via COMTEX) -- Web-hosted software services provider Scope 5 announced on Thursday that it raised its first outside funding from a group of angel investors.

No financial details were disclosed.

The company also said that it has achieved several milestones: releasing the first version of its sustainability management software service; signing two sustainability consulting firms as partners; and landing two representative customers with multi-year software service subscriptions.

In connection with the financing, venture capitalist David Billstrom also joined Scope 5's board of directors.

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