Software firm SpringCM raises $18 million

SHARE Software firm SpringCM raises $18 million

Cloud software company SpringCM says it has raised $18 million to expand its sales force and meet increased demand from businesses for services that let workers share and collaborate on content.

SpringCM said it received funding from existing investors such as Foundation Capital and a new financial partners such as Square 1 Bank and Goff Capital.

“There is a tremendous opportunity to help companies do more than simply store and share content in the cloud,” said Greg Buchholz, SpringCM founder and chief executive. “As the only provider of Content Cloud Services built for the enterprise from day one, we have a unique opportunity to advance this green-field market to levels unattainable by simple file sharing services.”

SpringCM expects increasing demand from businesses moving documents onto the cloud as well as healthcare businesses and government agencies trying to meet new regulations.

Cloud-software maker SpringCM raises $18 million (Crain’s)

SpringCM gets $18M to further push its “beyond Box” message (Forbes)

The Latest
Those issuing voter registration and ballot challenges say they are worried about election fraud. Right. If there’s a scam afoot, it’s the goodwill and concern they claim in the guise of “election integrity.”
Blazingly original Netflix film blends music, narrative and trippy visuals to depict an artist’s search for romance.
“Because of the marketing and advertising of these kinds weapons, our lives will not be the same,” said Lorena Rebollar Sedano, who was shot in the foot and is one of those who filed suit Wednesday.
The Twins move into a second-place tie with the Sox in the AL Central.