Wednesday, September 19, 2007

Intalio Adds Funding From Partech

Palo Alto-based Intalio said today that it has closed a new round of funding, led by Partech International. Other investors in the round included 3i, Cargill Ventures, Sippl MacDonald Ventures, Woodside Fund, and the XML Fund. Financial terms of the investment were not disclosed. Intalio is a developer of open source business process management (BPM) software, based on the Service Oriented Architecture (SOA) standard. Intalio said that Vincent Worms of Partech will join the firm's board as part of the funding. More information »