EntropySoft Raises $3.5M to Up U.S. Presence

French software firm EntropySoft, which has U.S. headquarters in Cambridge, MA, said yesterday it has closed $3.5 million in new financing led by Alven Capital. EntropySoft, which makes business software for managing data and documents between different content management systems, said it will use the money to boost its technology, expand its sales team, and increase its U.S. presence. Many of its customers are in the U.S., including EMC, Endeca, and Symantec. The company was founded in 2005 and is led by CEO Nicolas Maquaire.

Author: Gregory T. Huang

Greg is a veteran journalist who has covered a wide range of science, technology, and business. As former editor in chief, he overaw daily news, features, and events across Xconomy's national network. Before joining Xconomy, he was a features editor at New Scientist magazine, where he edited and wrote articles on physics, technology, and neuroscience. Previously he was senior writer at Technology Review, where he reported on emerging technologies, R&D, and advances in computing, robotics, and applied physics. His writing has also appeared in Wired, Nature, and The Atlantic Monthly’s website. He was named a New York Times professional fellow in 2003. Greg is the co-author of Guanxi (Simon & Schuster, 2006), about Microsoft in China and the global competition for talent and technology. Before becoming a journalist, he did research at MIT’s Artificial Intelligence Lab. He has published 20 papers in scientific journals and conferences and spoken on innovation at Adobe, Amazon, eBay, Google, HP, Microsoft, Yahoo, and other organizations. He has a Master’s and Ph.D. in electrical engineering and computer science from MIT, and a B.S. in electrical engineering from the University of Illinois, Urbana-Champaign.