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
  • April 16, 2019
  • Lance
  • 0 Comments

If you have been thinking about automation or performing small pilots, now is the time to get very serious abo...

  • April 6, 2019
  • Scott
  • 0 Comments

Pre-amble.  A couple of weeks ago I attended the IBM Think conference in San Francisco. It was the first tim...

  • March 7, 2019
  • Scott
  • 0 Comments

From the AirlineGeeks: "For the ninth consecutive year, Austin Bergstrom International Airport has reported a...