OpTier Raises $47.5 Million

OpTier Inc., a New York-based provider of business transaction management technology, has raised $47.5 million in fourth-round funding. Index Ventures and Morgan Stanley were joined by return backers Cisco Systems, Gemini Israel Funds, Pitango Venture Capital, Carmel Ventures and Lightspeed Venture Partners. OpTier has now raised around $90 million in total VC funding since 2003. OpTier also announced that it has secured a $15 million line of credit from Plenus Venture Lending.

North AmericaUSBriefs