Monday, June 11, 2007

iTKO Secures $7.5M in Series B Funds

iTKO Inc., a provider of testing solutions for service-oriented architecture software, revealed Monday that it has raised $7.5 million in Series B funding. Vesbridge Partners led the effort, iTKO said, with existing investors CenterPoint Ventures and Hunt Ventures also participating. iTKO said it will use the capital to continue global expansion of its sales and marketing team. Headquartered in Dallas, iTKO's flagship product is its LISA software suite, which is used for testing code based on service-oriented architecture (SOA), a programming API used heavily in enterprises for connecting databases, applications, and other software. More information »