Bain Capital Ventures Invests $12 Million in EDGAR Online

The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website
 
FUND RAISING 
Database Reference:  F231109-338
 
Business:  EDGAR Online
Web:  http://www.edgar-online.com 
Location:  USA, New York, NY
Region:  North America
Business description:  Nasdaq – EDGR. Distributor of public company filings and provider of the XBRL financial reporting standard
Category: Financial
Contact 1:  Philip Moyer, CEO, EDGAR Online
Contact 2:  John Ferrara, CFO, EDGAR Online
Contact 3:  Jeffrey Schwartz, Founding Partner and Managing Director, Bain Capital Ventures 
Contact 4:  John Connolly, Operating Partner, Bain Capital Ventures   LinkedIn
Investors:  Bain Capital Ventures, an affiliate of Bain Capital
 
Amount raised:  $12,000,000
 
Details:  Bain Capital Ventures is to purchase $12 million worth of convertible Series B Preferred Stock of EDGAR Online. the company expects to use the newly-secured funding to scale its position in the filing business associated with XBRL, the eXtensible Business Reporting Language standard, and simultaneously invest to expand its data and subscription offerings. Jeffrey Schwartz and John Connolly, of Bain Capital Ventures, will be joining EDGAR Online’s Board of Directors.

Link:  Press Release

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