Mforma Gets $30 Million Funding
By Rafat Ali - Wed 05 Oct 2005 05:10 AM PST
Looks like this is the mezzanine round before Mforma goes public...this is the third round and closed in at $30 million. The round was led by Institutional Venture Partners (IVP), and includes participation by existing investors Bessemer Venture Partners, Draper Fisher Jurvetson, and General Catalyst Partners. The new funds will be used by MFORMA to develop new product lines and to expand global operations and marketing initiatives.
