BonitaSoft , a provider of open source business process management (BPM) solutions, this morning announced that it has landed $11 million in funding in a Series B round led by Serena Capital. Existing investors such as Ventech and Auriga Partners also participated.
With its open source BPM suite, BonitaSoft aims to disrupt a segment currently dominated by vendors such as IBM Lombardi, Oracle, and Tibco.
The BonitaSoft suite includes a design studio to model business processes, a BPM...
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