Tech Company Financing Transactions
Sonian Funding Round
Sonian, based in Waltham, raised $7.5 million from Ares Capital.
Transaction Overview
Company Name
Announced On
10/14/2015
Transaction Type
Debt
Amount
$7,500,000
Round
Undisclosed
Investors
Proceeds Purpose
This financing follows rapid corporate momentum marked by a record quarter in sales and profitability, and will be used to fuel product development and staffing efforts as the company continues to expand.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
201 Jones Rd.
Waltham, MA 02451
USA
Waltham, MA 02451
USA
Phone
Website
Email Address
Overview
Sonian is a technology platform and hosted services company on a mission to help millions of organizations world-wide manage their critical IT functions such as archiving, search, compliance, e-discovery and storage management. The Sonian platform is easy to use, cost effective, scalable and secure.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Timothy McKinnon
Chief Technical Officer
Gregory Arnette
VP - Client Services
Peter Zimmerman
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