What Company Is Offering:
Kapow Technologies is the expert in harvesting mashable public and private web intelligence with software that turns the Web into the world's largest database. Based on the company's patented, visual scripting method, the Kapow Mashup Server powers solutions in reputation management, competitive intelligence, asymmetric intelligence, content aggregation, content syndication, content migration, SOA enablement and business automation at a fraction of the time and cost compared to traditional software methods.
How Much They Got From VCs:
Kapow Technologies, the expert in harvesting mashable public and private web intelligence with software that turns the web into the world's largest database, today announced that it has signed definitive documents to complete a Series-C financing round of $11.6 million. Closing is expected to occur by March 31. New investors include Steamboat Ventures, a venture capital firm affiliated with The Walt Disney Company, and Morgan Stanley's Strategic Investments Group. Previous investors Kennet Partners and NorthCap Partners also participated in the round.
The new funds will enable the company to significantly enhance its software as a service (SaaS) platform and expand its global sales operations in the media, financial services, manufacturing, transportation and government sectors where the company has established a leadership position.
More at:
Kapow Technologies:
Kurt Foeller
+1 415-578-3251
kurt.foeller@kapowtech.com
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