Wednesday, September 15, 2010

SpringCM Raises $15M

San Mateo-based SpringCM, a developer of enterprise content management software, said Wednesday that it has raised $15.0M in a financing round. According to SpringCM, the funding will go to further develop and extend its content management platform. The round came from existing investors Foundation Capital and North Bridge Venture Partners. SpringCM also said that it has received an undisclosed amount of growth capital and working capital financing from Silicon Valley Bank. The company is headed by Chris Junker. More information »