Mindjet snags $10 mln in debt funding from Wellington Financial

Mindjet Corp has received US$10 million in debt financing from Canadian specialty finance firm Wellington Financial. Based in San Francisco, Mindjet is a software company focused on facilitating repeatable enterprise-level innovation. Founded in 1991, the company's backers include venture capital firms Investor Growth Capital, Industry Ventures and PICO Holdings. Mindjet said the partnership with Wellington will help it execute on its growth opportunities. Based in Toronto, Wellington currently manages a $600 million investment program.

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