FilmTrack raises $10 mln

FilmTrack said Thursday that it raised another $10 million in growth capital. The deal includes $5 million in venture debt financing from Wellington Financial LP and $5 million in venture debt financing from Silicon Valley Bank. Studio City, California-based FilmTrack provides content and rights management for the worldwide media and entertainment industry. Investors include Insight Venture Partners and the Sandberg-Goldberg Trust.

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Wellington Financial Provides $15.5M to Two Software Companies

Toronto-based specialty finance firm Wellington Financial LP recently closed US$12 million in venture debt financing for an on-demand software company located in California. Also, Wellington recently closed US$3.5 million in venture debt financing for an East Coast-based SaaS provider of global payroll management solutions. The two companies, which were not identified by Wellington, are backed by U.S.-based venture capital firms.

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