HomefundingSOA Software Receives US$10M Venture Debt Financing from Wellington Financial

SOA Software Receives US$10M Venture Debt Financing from Wellington Financial

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SOA Software, a Los Angeles, CA-based provider of a comprehensive suite of scalable API and SOA solutions designed for the large enterprise, received a US$10m venture debt financing from Wellington Financial LP.

The company intends to use the funds to accelerate release of new products and expand globally.

Led by Paul Gigg, President and Chief Executive Officer, SOA Software provides API Management and SOA Governance products for businesses to accelerate their digital channels with APIs, drive partner adoption, monetize their assets, and achieve agility across their applications and datacenters.

Customers include Bank of America, Pfizer, and Verizon.

The company is backed by venture capital firms Redpoint Ventures, Paladin Capital Group, Palisades Ventures, Navigation Capital Partners, and Draper Fisher Jurvetson.

FinSMEs

28/03/2014

 
SOURCE Wellington Financial LP

RELATED LINKS
http://www.wellingtonfund.com

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