Tech Company Financing Transactions
Newmerix Funding Round
On 1/2/2007, Newmerix received $7 million in Series C funding from Mobius Venture Capital, Ridge Ventures and Siemens Venture Capital.
Transaction Overview
Company Name
Announced On
1/2/2007
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Series C
Investors
Proceeds Purpose
Financing proceeds will be used to sustain its growth and expand its product suites.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
959 Concord Street 250
Framingham, MA 01701
USA
Framingham, MA 01701
USA
Phone
Website
Email Address
Overview
Newmerix provides the only application management solution that accesses, tracks and analyzes the metadata of packaged applications such as Oracle|PeopleSoft.
Management Team
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