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Bungee Labs Bounces With $8 Million Series C

Monday, March 17, 2008 5:17:00 AM PDT | VentureDeal Staff

OREM, UT -- Software company Bunjee Labs, Inc. has secured $8 million in new venture capital investment for its third round of institutional financing.

Operating under the name of Bungee Connect, the company has developed a web site that enables users to create interactive web applications such as flash- or Ajax-based programs.

Investors in the round included North Bridge Venture Partners and Venrock.  Proceeds purposes were not disclosed.

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