BuildGroup invests $30 mln in smart governance platform CSDC
U.S. venture capital firm BuildGroup has invested $30 million in CSDC Systems Inc, a Toronto software supplier to local, state and federal governments. Founded in 1989 by CEO Dan Mishra, CSDC has developed technology that helps automate the business processes of public sector agencies and make them more efficient. The funds raised will back activities supporting the company's customer growth, product expansion, services and market position. BuildGroup was launched by former executives of Rackspace Hosting Inc. Lanham Napier, one of the firm's co-founders, said CSDC "can lead the needed technological transformation to modernize governments."
31 January 2017•4 mins read
