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Coveo Raises New Expansion Funding Round

Friday, March 07, 2008 5:42:00 AM PDT | VentureDeal Staff

PALO ALTO, CA -- IT company Coveo Solutions, Inc. announced that it has closed another round of venture capital funding, securing $2.5 million from a number of individual investors.

Coveo develops and sells enterprise secure search engine applications that provide access to both structured and unstructured data within the enterprise.

Prominent entrepreneurs and senior executives of technology companies participated in the funding.  The company said it would use the proceeds for sales and marketing expansion purposes.

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