SeeBeyond receives a windfall

Healthy cash injection...

By Pia Heikkila, 21 December 2001 15:30

NEWS Integration specialist SeeBeyond has raised $15m in funding. The money was raised through equity financing with the private sale of approximately 2.6 million shares to a group of investors. The company was reported to expect to end the year with revenues of around $185m, a 60 per cent improvement on its 2000 figure, according to news wires. The Californian company said it will use the cash to support its growth target and expansion plans.

Post your comment

In order to post a comment you need to be registered and logged in.

Log in or create your silicon.com account below

Will not be displayed with your comment

By signing up for this service, you indicate that you agree to our Terms and Conditions and have read and understood our Privacy Policy.

Questions about membership? Find the answers in the Membership FAQ