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LogiXML Clicks On $5 Million Expansion Funding

Tuesday, December 11, 2007 5:55:00 AM PDT | VentureDeal Staff

MCLEAN, VA -- Software company LogiXML announced that it has secured $5 million in expansion financing from a new investor.

LogiXML develops software that makes it easier to develop reports and analyses from an organizations database(s) and to distribute that information to the stakeholders who need it.

Update Partners made the investment.  The company said it will use the funds accelerate its growth and market reach through licensing their products to a wider audience.

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