Bedford, MA-based EnterpriseDB, a provider of database management software that can run on cloud computing systems, has added another $6.1 million to its most recent equity- and rights-based based funding round, bringing the financing’s total to $13.6 million, accorded to an amended regulatory document. EnterpriseDB revealed it had raised the first $7.5 million of the round from seven investors this summer, including KT (formerly Korean Telecom) and TransLink Capital. The newest document indicates that the funding round comes from 11 investors.
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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