Alfresco Secures $9 Million in Series C Funding Led by SAP Ventures

today announced the completion of a $9 million Series C round of financing led by SAP Ventures, bringing total funding to $19 million. Existing investors Accel Partners and Mayfield Fund also joined the round.

will use the proceeds to fund continued growth into the enterprise content management market, including product development and acceleration of global expansion plans, particularly in the German, US and Asian markets.

Read the full press release here.

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