Acton, MA-based mobile software provider Azuki Systems has brought in $4 million of an equity and rights offering that could total $8 million, according to a SEC filing. The firm raised $12 million in equity-based funding earlier this year, and is backed by Kepha Partners and Sigma Partners. In August, cloud computing exec John Clancy started as president and CEO of Azuki, which makes software for the delivery of video and data-rich media content via the mobile. The firm has not yet responded to an inquiry on the newest funding, but we’ll be sure to update this space with any additional details.
Author: Erin Kutz
Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section.
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