Tuesday, August 16, 2011

OpenLogic Lands $2M More

Broomfield, Colorado-based OpenLogic, the provider of enterprise open source software support, said today that it has raised another $2M in funding, plus converted exiting bridge financing, from investors converted existing bridge financing, with participation by existing investors Pelion Venture Partners, Red Rock Ventures, Appian Ventures, OnCorps, Highway 12 Ventures and Village Ventures, as well as new investors. The firm said the new funding will go towards its cloud solutions and partnerships. OpenLogic is headed by Steven Grandchamp.