Deal Announcements

iTKO Clears $7.5 Million In Second Financing

Tuesday, June 12, 2007 5:00:00 AM PDT | VentureDeal Staff

DALLAS, TX -- Software testing company iTKO said that it has secured $7.5 million in series B institutional venture capital funding.

The company designs software that provides testing solutions for SOA (Service-Oriented Architecture) software.  The system, dubbed LISA, tests the many heterogenous components and workflows that are typical in SOA implementations.

Investors in the round were led by Vesbridge Partners, and included existing investors CenterPoint Partners and Hunt Ventures.  The company will use the proceeds for expansion of its sales and marketing efforts.

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