Convo raises $5 mln from Morgenthaler

Cloud-based collaboration service provider Convo has raised $5 million in a Series A funding round from Morgenthaler Ventures. The San Francisco-based company, formerly known as Scyrbe, had previously raised seed funding from Adobe, LMKR and angel investors. As part of the Series A, Morgenthaler Managing Director Rebecca Lynn and Venture Partner Alex Nigg have joined the board. Morgenthaler said that its investment in Convo is the last new IT deal from its ninth fund.

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