Fruition Partners Receives $12,000,000 Series A Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2065dfaf-7940-4ba8-805c-0b8a5bacf2df&Preview=1
Date
12/19/2012
Company Name
Fruition Partners
Mailing Address
168 N. Clinton Chicago, IL 60661
Company Description
Fruition Partners is an experienced cloud service
management firm. From robust service offerings
to innovative products, Fruition has the tools
and expertise to help customers attain
sustainable success throughout the entire ITSM process.
Website
http://www.fruitionpartners.com
Transaction Type
Venture Equity
Transaction Amount
$12,000,000
Transaction Round
Series A
Proceeds Purposes
The funds will be used to accelerate growth and aggressively expand sales, marketing and delivery resources to meet the increasing demands for cloud-based professional services and Platform-as-a-Service (PaaS) development offerings globally.
M&A Terms
Venture Investor
Trident Capital
Venture Investor
Trident Capital