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September 13, 2011 12:35 pm GMT
BonitaSoft, a provider of open source business process management (BPM) solutions, this morning announced that it has landed $11 million in funding in a Series B round led by Serena Capital. Existing investors such as Ventech and Auriga Partners also participated.With its open source BPM suite, BonitaSoft aims to disrupt a segment currently dominated by vendors such as IBM Lombardi, Oracle, and Tibco.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/06IuNq-jD90/
BonitaSoft Raises $11M To Take On IBM, Oracle With Open Source BPM Solutions
BonitaSoft, a provider of open source business process management (BPM) solutions, this morning announced that it has landed $11 million in funding in a Series B round led by Serena Capital. Existing investors such as Ventech and Auriga Partners also participated.With its open source BPM suite, BonitaSoft aims to disrupt a segment currently dominated by vendors such as IBM Lombardi, Oracle, and Tibco.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/06IuNq-jD90/
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