IGLOO Software, a Kitchener, Ontario, Canada-based provider of social business software in the cloud, has raised $5m in Series B financing.
The round was led by RBC Venture Partners, with participation from the Ontario Emerging Technologies Fund (OETF).
The company intends to use the funding to expand the business, accelerate product development, grow its ecosystem of partners and broaden its reach. IGLOO’s customer base currently spans six continents, and it has operations in the United States, Canada and EMEA, including Cisco, Thomson Reuters Aranzadi, Deloitte and the ATP World Tour.
Founded in 2008 and led by CEO Dan Latendre, the company provides cloud-based social business software that enables modern business collaboration and empowers people to become more productive and agile.
FinSMEs
26/01/2012