BonitaSoft Raises $11M

Bonitasoft, a developer of open source, business process management (BPM) software, said Tuesday that it had raised $11M in a Series B funding round. The round was led by Serena Capital, and also included Ventech and Auriga partners. The firm, which is headquartered in France, said the funding will go towards accelerating product development and international corporate expansion. BontaSoft's CEO is Miguel Valdes Faura. More information »