Monday, May 1, 2017

Snow Software Takes $120M

Stockholm, Sweden-based Snow Software, which has its U.S. offices in Austin, has raised $120M in an investment round, the company said last week. The funding came from Sumeru Equity Partners and the Ontario Pension Board. Sumeru Equity Partners' Jason Babcoke and George Kadifa will join the company's board with the funding. Snow Software develops products for managing software assets and licenses.