Authoria Secures $22.5 Million in Funding; Grows Bookings by 40 Percent.
Publication Date: 28-SEP-07
Publication Title: Business Wire
Format: Online
Company: Authoria Inc. Norwest Venture Partners CIBC Capital Partners

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Description

Increases in Total Bookings and Units Sold, One-Billion-Page-View Milestone Highlight Strong Momentum in First Half of 2007

WALTHAM, Mass. -- Authoria, Inc., the leader in integrated talent management solutions, today announced a new round of debt and equity funding totaling $22.5 million. New investors Horizon Technology Finance and Velocity Financial Group joined existing investors Menlo Ventures, Norwest Venture Partners, Austin Ventures, Van Wagoner Capital Management, CIBC Capital Partners, and others in this round. The funding will be applied to development of the company's market-leading talent-management platform, and to extending its...



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