Communications as a Service (CaaS) Industry News
[February 26, 2013]
Scope 5 raises $0.5 million in Series A funding
Feb 26, 2013 (Datamonitor Financial Deals Tracker via COMTEX) -- Scope 5, Inc., a US-based provider of cloud-based software service that enables customers to track and analyze their sustainability data, has secured $0.5 million in Series A funding from Northwest Energy Angels.
Deal Value (US$ Million) 0.5 Deal Type Venture Finance Sub-Category Growth Capital/Expansion Deal Status Completed: 2013-02-22 Deal Participants Target (Company) Scope 5, Inc.
Deal Rationale Scope 5 will use the funds to meet the demand for its software-as-a-service (SaaS) and also expand its marketing efforts to educate and inform customers on the positive impacts of real-time sustainability data tracking.
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