Razorsight Raises $3 Million of Loan Venture Funding
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Fairfax, Virginia – Razorsight, an On-Demand software allows communications service providers optimize network costs has raised $3 million of seed funding from Horizon Technology Finance Corporation.
“Razorsight is a pioneer in cloud-based business intelligence and analytics solutions,” stated Gerald A. Michaud, President of Horizon. “The company’s platform technology has helped its customers capture valuable marketing information and increase operating efficiencies. We are pleased to provide Razorsight with a venture loan facility, which will enhance the company’s ability to maintain its strong market momentum on a global basis.”
The new capital will be used for the expansion plans in the commercial market.
Funding Total: $3,000,000
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|Investors: Horizon Technology Finance Management LLC|