Monday, December 11, 2006

CIGNEX Gets Expansion Capital

Santa Clara-based CIGNEX Technologies, a company developing open source enterprise content management (ECM) software, said today it has closed a round of funding. The funding came from Apar Investments, Basil International Investments, and Honorex Investment Holdings. The firm said the funding will go towards expansion of services, sales and marketing activities. Amount of the funding was not disclosed. More information »