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Formatta Obtained $3 Million in a Second Round of Funding for their Data Capture Solutions
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Formatta announced they received $3 Million in second round funding. This brings their total to $7 Million. This latest raise was from Edison Venture Fund and Silicon Valley Bank. Formatta is a provider of E-Forms data capture and integration software solutions
At the same time they announced they were obtaining a new CEO, Grant Wagner. Formatta is a provider of E-Forms data capture and integration software solutions.
Formatta software quickly and efficiently extends the reach of applications to all users so organizations have the information they need to operate more efficiently and effectively. The idea is to no just capture the information efficiently but also assure it is provided to the applications that need it.
Funding
Funding Total: $3,000,000
| Round | Date | Amount | Pre Amount | Post Amount |
|---|---|---|---|---|
| B | 02/2009 | $3,000,000 | – | – |
| Investors: Edison Venture | ||||
Founders
- Posted in: Funding
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