Intalio raises $1.5M for business management software
Intalio, developer of open-source software for businesses to manage workflow, has brought in $1.5 million in equity and debt, according to a filing with the SEC. The Palo Alto, Calif. company has now raised more than $42 million to date from investors Partech International, Cargill Ventures, 3i Group, Sippl MacDonald Ventures, Woodside Fund and XML Fund.
A prime competitor for Salesforce.com, Intalio launched a cloud computing product in May, branching into customer relationship management software as… Continue Reading
IntalioCloud takes on Salesforce.com
Intalio, a private company that until now has been focused on providing open source systems for business process management (BPM), is launching a more ambitious product called IntalioCloud. With a combination of BPM and customer relationship management (CRM) tools for salespeople, Intalio is challenging Salesforce.com, the company that built its reputation on selling CRM services via online subscription (and which has more than 50,000 customers).
Palo Alto, Calif.-based Intalio isn’t ducking from the comparison, either. Its… Continue Reading
Intalio, business process management co., raises cash
Intalio, a Palo Alto, Calif., open source “business process management systems” company, said it has raised an undisclosed amount of funding.
From a statement:
“Intalio went from 12 customers to over 200 in the past 18 months,” said Ismael Ghalimi, co-founder and CEO at Intalio. “On a daily basis, over 50 new organizations start using Intalio for BPM projects, and this trend should only accelerate when we release Intalio 5.0 later this month. Partech’s investment comes at… Continue Reading
Intalio, business process management software co., restarts with $2.3M
Intalio, a provider of business process management software, has raised $2.3 million in a so-called “recapitalization” financing round, according to VentureWire (subscription required).
It has offices in Palo Alto, Georgia and Geneva.
Such rounds typically occur because the company’s earlier incarnation didn’t do well and it needs to start again with a clean slate, i.e., to provide management incentives such as stock awards.
The company’s existing investors – Cargill Ventures, 3i Group, Sippl MacDonald Ventures, Woodside Fund… Continue Reading