Netuitive Secures $10M in Equity Financing

Funding Rounds

Summary

Netuitive, Inc., a Reston, VA-based provider of self-learning performance management software, has secured an additional $10m in equity financing., a Reston, VA-based provider of self-learning performance management software, has secured an additional $10m in equity The round was led by MK Capital and Rembrandt Venture Partners.The capital will be used to expand the company’s global sales and marketing operations.In conjunction with the funding, Sik Rhee, General Partner at Rembrandt Venture Partners, will join Netuitive’s board of directors.Customers include BlueCross BlueShield, AT&T, Wells Fargo, and the U.S. Air Force.

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Amount $10.0M Total raised
Date June 14, 2010 Announcement date
Investors Cross Creek Lead investors
Company http://www.netuitive.com Funded company

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