Tuesday, February 17, 2009

OpSource Snags $10M

Santa Clara-based OpSource, a developer of software-as-a-service web applications, announced this morning that it has raised $10M in a Series E investment round. The funding was led by Nippon Telegraph and Telephone Corporation, along with the firm's existing investors, which include Velocity Venture Capital, Key Venture Partners and Artiman Ventures. According to OpSource, the funding will go to further develop its offerings. OpSource provides infrastructure for web-based software. More information »