SpringCM Secures $15M in Debt and Equity Financing

Funding Rounds

▤ Summary

SpringCM, a Chicago, IL-based cloud enterprise content management company, has secured $15m in financing., a Chicago, IL-based cloud enterprise content management company, has secured $15m in This round includes existing investors Foundation Capital and North Bridge Venture Partners.Silicon Valley Bank provided growth capital and working capital financing.As also stated by CEO Chris Junker, the funds will be used to further develop and extend the company’s channel sales, partner relationships and research and development activities.SpringCM provides companies with cloud solutions for business areas such as contract management, invoice automation and case management.

$ Funding

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Amount $15.0M Total raised
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Date September 15, 2010 Announcement date
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Investors SVB Capital, Foundation Capital Lead investors
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Company http://www.springcm.com Funded company

▥ Classifications

industries
No industries detected
applications
Web and Content Management

◇ AskAI Classifications

Labels
Software as a Service Document Management Software Contract Lifecycle Management

▦ Linked Companies

SpringCM
$10M to $25M