SpringCM Completes $15 Million Financing Round

Sep 16, 2010

SpringCM, a developer of cloud enterprise content management software, has secured $15.0 million in financing to help continue developing the company's cloud enterprise content management platform. The round of financing includes existing investors Foundation Capital and North Bridge Venture Partners, along with newcomer Silicon Valley Bank.

SpringCM develops affordable cloud solutions for business areas such as contract management, invoice automation, and case management. Its clients include such organizations as Dresser, ACS, and Cox Communications.