Sonian, a Needham, MA, provider of cloud-based e-mail archiving services for businesses, announced on its website earlier this week that it has closed a $5.6 million Series A round of financing. The institutional investors in the round include Prism VentureWorks and SummerHill Venture Partners. Greg Arnette, founder and chief technology officer of Sonian, told me this morning that this round is the completion of the $4.1 million financing that Wade reported back in July based on an SEC filing, which said the round could go as high as $6.6 million.
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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