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PSIM providers raises $15.6 million

July 29, 2013Martha Entwistle

PSIM provider VIDSys announced last week that it's raised $15.65 million in one equity financing. The investment was lead by NewSpring Capital. Previous investors Atlanta Equity, Flybridge Capital Partners, JVax Investment Group and Motorola Solutions Venture Capital also participated in the round. I have a call into VIDSys and hope to speak to someone tomorrow about what the company plans to do with the new funds. NewSpring Capital, is based in Radnor, Pa. It invested through its technology and...

Atlanta Equity, Flybridge Capital Partners, JVAX Investment Group, Motorola Solutions Venture Capital, new investment, NewSpring Capital, Vidsys