Sonian Garners $4,100,000 New Financing

  • Feed Type
  • Date
    7/8/2009
  • Company Name
    Sonian
  • Mailing Address
    Undisclosed Dedham, MA 02026
  • Company Description
    Sonian is a technology platform and hosted services company on a mission to help millions of organizations world-wide manage their critical IT functions such as archiving, search, compliance, e-discovery and storage management. The Sonian platform is easy to use, cost effective, scalable and secure. The Company leverages a mixture of Web 2.0 frame works, open source components, proprietary intellectual property, and grid computing utility infrastructure to deliver competitive hosted services at a fraction of the cost of other current vendors.
  • Website
    http://www.sonian.net/
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $4,100,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Prism VentureWorks