BonitaSoft Raising $11M

  • September 13, 2011
  • Scott
  • 1 Comments

Well this is interesting news – it isn’t every day you see a major BPM announcement on TechCrunch after all!

BonitaSoft has raised $11M in an effort to take on the big software vendors with their open source BPM solutions:

BonitaSoft, a provider of open source business process management (BPM) solutions, this morning announced that it has landed $11 million in funding in a Series B round led by Serena Capital. Existing investors such as Ventech and Auriga Partners also participated.

It makes me wonder if Alfresco (Activiti) or others will be exploring more funding in the current environment.  It seems inevitable to me that an open source vendor or project would emerge as an interesting alternative to the commercial vendors.  I just wonder which one it will be – or is it possible that I’m wrong and it will be more than one?

 

Related Posts
  • July 18, 2018
  • Ariana
  • 0 Comments

We're pleased to announce all of the sponsors for Driven 2018. Automation Anywhere Camunda Bizagi ...

  • July 16, 2018
  • Ariana
  • 0 Comments

Driven 2018 is coming up quick and we wanted to share some of our most anticipated sessions with you. You can ...

  • July 15, 2018
  • Scott
  • 0 Comments

From nearly the first year I began writing this blog on behalf of BP3, pundits and commentators have predicted...