Blueprint Raises $15.9 Million in Growth Capital

Posted by Techvibes NewsDesk

Toronto's Blueprint announced today the completion of a growth capital round of funding totaling $15.9 million.

The round was led by a new investor - Tandem Expansion Fund, with the participation of existing investors from BDC IT Venture Fund, Walsingham Partners Fund, and several private investors. The money raised will be used to accelerate Blueprint’s growth by expanding sales, marketing and channel partner presence and capacity in USA, Europe and Asia Pacific.

Blueprint is a global leader in requirements definition and management software.

Over the past five years, more than 200 customers — including major Fortune 500 banks, insurance companies, retailers, pharmaceutical companies and government agencies — have improved collaboration between their business and IT teams using Blueprint’s patented requirements visualization and social features.

Company:
BDC Capital
Website:
http://www.bdccapital.ca
Location:
Montréal, Québec, Canada

A subsidiary of the Business Development Bank of Canada (BDC), BDC Capital offers a full spectrum of specialized financing and investment solutions to help Canadian entrepreneurs achieve their full growth potential. With more than $1 billion under management, BDC Capital takes a strategic, patient approach to nurture companies’ development over the long term. From venture capital to equity to growth and transition... more

Company:
Tandem Expansion
Website:
http://www.tandemexpansion.com
Location:
Toronto, Ontario, Canada

Tandem Expansion is a private growth capital fund seeking to invest in small and mid-sized Canadian companies in a variety of technology-based sectors. The fund's core values are professionalism, honesty and integrity. Tandem will act as a catalyst for growth and expansion by making targeted investments in companies with high growth potential and strong management teams. The fund's executives collectively... more

Company:
Blueprint Software Systems
Website:
http://www.blueprintsys.com
Location:
Toronto, Ontario, Canada

Blueprint develops requirements definition and management (RDM) software that ensures complex software/IT project requirements are right from the start. more


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Techvibes NewsDesk

Techvibes NewsDesk

Techvibes is Canada's leading technology media property.Founded in 2002, Techvibes covers technology and business news that impacts Canadians. We combine breaking local news with international coverage to deliver a unique balance of insight and information. The Techvibes Newsdesk covers a broad beat and publishes general news stories. If you have a story you would like covered, email... more



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