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Blazent Bags Venture Capital Financing

Friday, February 08, 2013 5:33:00 AM PDT | VentureDeal

   San Mateo, California  --  Software developer Blazent has raised $5 million in new venture capital equity financing, according to an SEC regulatory filing.

Blazent has developed software that enables organizations to identify, analyze and improve their internal business practices.

Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.

Blazent is still seeking $1.2 million in additional financing, according to the filing.

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