GlobalLogic raises $29.5M for offshore software development
GlobalLogic, a Vienna, Va. company that specializes in offshore software development, has raised $29.5 million in a third round of funding.
The round was led by existing investor Sequoia Capital India, with participation from GlobalLogic’s other investors New Atlantic Ventures (formerly Draper Atlantic) and New Enterprise Associates.
The funding news followed the announcement that GlobalLogic has acquired Validio Software, a Bellevue, Wash.-based company with a 320-person design center in Kharkov, Ukraine. GlobalLogic says the acquisition makes it… Continue Reading