Bluenog Corp. today announced it has closed on $4 million of Series A financing.Bluenog Corp. today announced it has closed on $4 million of Series A financing. A Piscataway-based application infrastructure software company, Bluenog says the funds will support an expansion of its product development, sales and marketing efforts, and professional services offerings.
The financing round was led by NewSpring Ventures, the growth and expansion stage venture fund of NewSpring Capital, a private equity firm based in Radnor, Pa. and in Short Hills.
As part of the deal, Michael DiPiano and Michael Poisel of NewSpring Capital will join Bluenog”s board of directors. Bluenog was launched in 2006 and until now was funded by the principals, the company said in a statement.