Conformity Adds $3 Million From Guggenheim Venture Partners To Series A

Robin Wauters

Robin Wauters is the European Editor of tech blog The Next Web and lead editor of Virtualization.com. He was a senior staff writer at TechCrunch until his departure in February 2012. Aside from his professional blogging activities, he’s an entrepreneur, event organizer, occasional board adviser and angel investor but most importantly an all-round startup champion. Wauters lives and works in... → Learn More

Monday, June 7th, 2010

Conformity, creators of a suite of on-demand solutions to enable organizations to centrally manage users of SaaS and cloud applications, this morning announced it has secured an additional $3 million in Series A financing led by Guggenheim Venture Partners.

The new funding is in addition to the $3 million raised in January 2009 and will be used for product line expansion and accelerating sales and marketing activities.

Founded in 2007, Conformity’s SaaS product offerings provide a way for businesses to manage users, coordinate administration and enforce policy that helps them implement cloud computing solutions more efficiently.

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