Basho Technologies, a Cambridge, MA-based provider of enterprise sales software, says it has completed an initial $2 million close of a Series B round of preferred stock. The startup plans to use the funds to begin sales of its Open Basho software, which is designed to make the sales process more efficient and effective in large organizations. Harbor Island Equity Partners, of Wilmington, NC, led the new round of financing, which included contributions from the Wilmington Investor Network, an angel group in Wilmington.
Author: Ryan McBride
Ryan is an award-winning business journalist who contributes to our life sciences and technology coverage. He was previously a staff writer for Mass High Tech, a Boston business and technology newspaper, where he and his colleagues won a national business journalism award from the Society of American Business Editors and Writers in 2008. In recent years, he has made regular TV appearances on New England Cable News.
Prior to MHT, Ryan covered the life sciences, technology, and energy sectors for Providence Business News. He graduated with honors from the University of Rhode Island in 2001 with a bachelor’s degree in communications. When he’s not chasing down news, Ryan enjoys mountain biking and skiing in his home state of Vermont.
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