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Siperian Raises $25 Million

Siperian Inc., a San Mateo, Calif.-based maker of master data management software, has raised $25 million in Series E funding. Investor Growth Capital led the round, and was joined by return backers Constellation Ventures, Red Rock Ventures, ArrowPath Venture Capital, Blumberg Capital Ventures, Brightspark Ventures, Saffron Hill Ventures, Reed Elsevier Ventures and Anthem Venture Partners. Siperian has now raised $61.5 million in total VC funding since 2001.

 

PRESS RELEASE

Siperian, Inc. – developer of the market-leading master data management (MDM) platform – today announced that the Company has closed an oversubscribed $25 million Series E financing.  Led by new investor, Investor Growth Capital (IGC), and with participation from 100 percent of Siperian's existing investors, the funding will be used to continue the Company's European expansion, accelerate channel development and further advance the development of Siperian MDM Hub