The Portland software maker expects to use the funds to hire more workers.
The Portland software maker expects to use the funds to hire more workers.
Just last year, the company raised $30 million through a strategic investment from VMware. Since 2009, the company has raised $86 million in total venture capital.
Involved in this round are investors Cisco, Google Ventures, Kleiner Perkins Caufield & Byers, Triangle Venture Capital Group, True Ventures and VMware. True Ventures remains the largest share holder but between the three biggest share holders — True, VMware and Cisco — no one holds more than 20 percent.
Read more at Portland Business Journal
