Thursday, August 20, 2009

Surgient Lands $3.0M In Debt Funding

Austin-based Surgient, a developer of virtual lab management software, has scored $3.0M in debt financing, according to a recent regulatory filing by the firm. According to the filing, the firm has pulled in $3.0M out of a possible $4.3M in debt. Details on the funding--which also includes convertible debt and warrants in the firm--was not disclosed. Surgient is venture backed by Goldman Sachs, Austin Ventures, Crosslink Capital, BlueStream Ventures, Seaport Capital, Sternhill Partners, as well as a variety of high profile angels. More information »