Cordys Raises $80M, Opens San Jose HQ
Cordys, a Netherlands-based firm that develops business process management software, announced Tuesady that it has raised Euro 60M ($80M US) in an equity round from Argonaut Private Equity. The funding will go towards expansion of the company's operations in the United States. The funding comes in conjunction with a new U.S. headquarters in San Jose and expanded executive hires at the location. Cordys' BPM software uses service oriented architecture (SOA) for business process management.
posted on Tuesday, April 17, 2007 (Link to more information)
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