Posted under Venture Capital
from http://www.pehub.com 817 days ago

Foundry Group led a $5 million Series A round for San Francisco-based Pantheon, maker of a service designed to help companies develop, scale, and maintain Drupal websites. Baseline, First Round, and Founders Collective also participated in the round. Pantheon was formed in 2010.

 

PRESS RELEASE

Pantheon (www.getpantheon.com) today announced it has raised $5 million in Series A funding.  The round, led by Foundry Group, also includes leading venture firms Baseline, First Round, and Founders Collective. Pantheon is changing the way companies develop, manage, and scale their websites by delivering a Drupal-based, enterprise-class, content management system in a SaaS model.  Companies and organizations like University of California at Berkeley and the American Automotive Association (AAA) are already leveraging Pantheon for its Drupal expertise, reliability, scalability, and cost-effectiveness. Pantheon will use the round to scale the business and support a growing list of customers.

 

Foundry Group has invested in some ...

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