Salt Lake-based vSpring Capital led a $10 million Series B financing round for California-based Cemaphore Systems, a provider of messaging services management solutions.
Also involved were existing investors Mayfield and Worldview Technology Partners. Ed Ekstrom, vSpring Capital's managing director, has joined the board of Cemaphore.
The company said the funds will be used to broaden sales efforts, increase awareness and further enhance the company's MailShadow product.
Founded in 2002, Cemaphore is based in San Mateo, Calif., and has development in Provo. It has raised $19.4 million from Mayfield, Worldview Technology Partners, vSpring Capital and individual investors.
Consumer confidence
A better hiring outlook and lower gas prices pushed a measure of U.S. consumer confidence to its highest level in four and a half years.
poorer people charitable
A 2009 study showed the poor give a higher percentage of their income to charity than rich people.
summer tax cut vote
The House will vote this summer on continuing wide-ranging tax cuts first enacted under President Bush.
- Wasting Money: Designer pet clothing and 59...
- KSL TV news icon Bruce Lindsay calls it a career
- Millennials love to spend money they don't have
- Top 10 poorest states in America
- Law school grad pays off $114,460 in debt...
- 18 cheap ways to captivate teens
- Billboard battle heats up as company files...
- Why Americans aren't saving for retirement
Subscribe
Mobile
RSS
- President Obama's Bain Capital assault...
54 - Billboard battle heats up as company... 29
- Utah County cities, businesses claim... 15
- Dangerous debt?: consumer advocate... 12
- KSL TV news icon Bruce Lindsay calls it... 12
- Rising health care costs burden families 10
- 'Greecing' the wheels: U.S. financial... 10
- Millennials love to spend money they... 9
DeseretNews.com encourages a civil dialogue among its readers. We welcome your thoughtful comments.
— About comments