Santa Clara-Based Instantis Raises $8.8 Million in New Funding

Santa Clara. Calif. -- Instantis, a Santa Clara-based developer of software designed to manage corporate initiatives tro improve financial performance, said that it has raised $8.8 million in a new round of funding, led by U.S. Venture Partners. Previous investors JK&B Capital and Shea Ventures also participated in the round, which increases the company's total backing to more than $30 million. Instantis said that the latest round will help it to expand its customer base in the  U.S. and abroad. Current customers include Abbott Laboratories, Credit Suisse, Verizon and Xerox.
http://www.instantis.com/
http://biz.yahoo.com/prnews/060517/sfw075.html?.v=52