Deal Announcements

Correlsense Corrals $8 Million Venture Capital Funding

Thursday, March 18, 2010 5:57:00 AM PDT | VentureDeal Staff

Framingham, Massachusetts  --  IT company Correlsense has secured $8 million in a new round of venture capital investment.

Correlsense provides IT departments with applications that enable them to view how business transactions perform throughout their organization.

Accel Partners led the round, which also included ProSeed Venture Capital Fund and Vertex Venture Capital.  The company said that the new financing would help it pursue new marketing and sales opportunities in North America and Europe.

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