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Rivermine Discovers $5 Million New Venture Capital

Wednesday, January 28, 2009 5:51:00 AM PDT | VentureDeal Staff

South Fairfax, Virginia  --  Software company Rivermine Software announced that it has secured $5 million in its latest round of venture capital financing.

Rivermine develops and sells enterprise software that allows companies to monitor and control their telecommunications expenditures.

SoftBank Capital was the lead investor, which included Valhalla Partners, Longworth Venture Partners and Columbia Capital. The company did not disclose how it would use the financing proceeds.

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