SAN FRANCISCO,
CA -- Workshare announced the closing of its
series B round of funding, netting $23 million.
The company provides software solutions in the secure content compliance market
and intends to use the cash infusion to "extend its reach worldwide by
investing in acquisitions, new markets distribution and new service delivery
models."
Steelpoint Capital Partners led the round, with existing investors Intel
Capital and UK-based Quester participating alongside.