Pragmatech Software Raises $8 Million From 3 Funds
"Pragmatech Software, Inc., the leading provider of sales productivity and proposal automation applications, today announced that it has received an additional venture capital infusion of $8 million in Series A funding. Three first round investors, Commonwealth Capital Ventures, Kodiak Venture Partners, and North Bridge Venture Partners, have participated in the second investment and serve on the company's Board of Directors. The expanded investment will drive Pragmatech's sales, marketing, and continued growth initiatives. "
""Over the past 18 months, Pragmatech has experienced tremendous growth, with deployments of our award-winning technology increasing around the globe," said Brian Zanghi, President and CEO, Pragmatech Software, Inc. "Our investors recognize the effect of Pragmatech's solutions on the corporate bottom line. This additional investment will solidify our position as the leader in the proposal automation sector as well as enable us to further enhance our technology to meet the evolving demands of our enterprise customers." "
Commonwealth Capital
"Founded in 1995 by a team of experienced venture capital investors, Commonwealth Capital is a leading early-stage venture capital firm focused on opportunities in the Communications Infrastructure and Software and Services sectors. With over $350 million of committed capital under management, the firm's partners have invested in more than 130 high-growth companies that are leaders in their industry categories. Commonwealth Capital's offices are located in Waltham, MA. For more information, visit www.commonwealthvc.com. "
Kodiak Venture Partners
"Kodiak Venture Partners is a Waltham, Massachusetts, based venture capital firm focused on seed and early stage investments in emerging communications/IT, semiconductor, and software companies. With a focus in the eastern regions of the U.S. and Canada, Kodiak Venture Partners builds relationships with entrepreneurs seeking accelerated market success. Kodiak's investment partners are successful high-technology business entrepreneurs who take a high-impact, hands-on approach to forming, operating, building, and funding market leaders. For more information, visit www.kodiakvp.com. "
North Bridge Venture Partners
"North Bridge Venture Partners is an active, early-stage venture capital fund based in the Boston, Massachusetts, area. Working closely with entrepreneurs, North Bridge adds value by providing strategic guidance, specific industry knowledge, team-building skills, and an in-depth understanding of both private and public financings. In addition, the firm's broad network of industry experts, current portfolio companies, public companies, and most importantly, the people that built them, are valuable resources for entrepreneurs. For more information, visit www.nbvp.com."
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""Over the past 18 months, Pragmatech has experienced tremendous growth, with deployments of our award-winning technology increasing around the globe," said Brian Zanghi, President and CEO, Pragmatech Software, Inc. "Our investors recognize the effect of Pragmatech's solutions on the corporate bottom line. This additional investment will solidify our position as the leader in the proposal automation sector as well as enable us to further enhance our technology to meet the evolving demands of our enterprise customers." "
Commonwealth Capital
"Founded in 1995 by a team of experienced venture capital investors, Commonwealth Capital is a leading early-stage venture capital firm focused on opportunities in the Communications Infrastructure and Software and Services sectors. With over $350 million of committed capital under management, the firm's partners have invested in more than 130 high-growth companies that are leaders in their industry categories. Commonwealth Capital's offices are located in Waltham, MA. For more information, visit www.commonwealthvc.com. "
Kodiak Venture Partners
"Kodiak Venture Partners is a Waltham, Massachusetts, based venture capital firm focused on seed and early stage investments in emerging communications/IT, semiconductor, and software companies. With a focus in the eastern regions of the U.S. and Canada, Kodiak Venture Partners builds relationships with entrepreneurs seeking accelerated market success. Kodiak's investment partners are successful high-technology business entrepreneurs who take a high-impact, hands-on approach to forming, operating, building, and funding market leaders. For more information, visit www.kodiakvp.com. "
North Bridge Venture Partners
"North Bridge Venture Partners is an active, early-stage venture capital fund based in the Boston, Massachusetts, area. Working closely with entrepreneurs, North Bridge adds value by providing strategic guidance, specific industry knowledge, team-building skills, and an in-depth understanding of both private and public financings. In addition, the firm's broad network of industry experts, current portfolio companies, public companies, and most importantly, the people that built them, are valuable resources for entrepreneurs. For more information, visit www.nbvp.com."
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