StreamBase Systems Garners $5,500,000 New Funding Round

  • Feed Type
  • Date
    4/27/2010
  • Company Name
    StreamBase Systems
  • Mailing Address
    181 Spring Street Lexington, MA 02421
  • Company Description
    StreamBase Systems, a leader in the fast-growing complex event processing (CEP) market, has pioneered a remarkable new approach to processing and analyzing real-time streaming data.
  • Website
    http://www.streambase.com
  • Transaction Type
    Debt
  • Transaction Amount
    $5,500,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The $5.5 million will be used in a hiring push concentrated in sales and marketing – particularly in the company’s London and New York offices, CEO Mark Palmer said.
  • M&A Terms
  • Venture Investor
    Horizon Technology Finance