Visiprise Receives $16 Million in New Funding to Accelerate Growth, Advance SAP Partnership, Fund Future Acquisitions

"Visiprise, Inc., a recognized leader in helping manufacturers manage and control global operations to improve product quality and compliance, today announced it has closed on a $16 million round of funding led by Investor Growth Capital (IGC). This oversubscribed, second round of funding also included RRE Ventures, Morgan Stanley Venture Partners, Canaan Ventures and Wheatley Partners, and it brings total company funding to $18.3 million. In conjunction with the round, IGC's Noah Walley and Phil Dur will join Visiprise's board of directors."

[Yahoo]