Strangeloop Nabs $10 Million From Canadian Angels To Give Your Web & Mobile Sites A Speed Boost

Strangeloop, the provider of web content optimization solutions and enterprise applications, today announced that it has raised $10 million in series B funding from a private investment group. Though Strangeloop wasn't saying who this private investment group is, we've learned that the investment was made by a group of "Canadian super angels". (Which sounds like a top flight hockey team. We'll update when we learn more). According to Strangeloop CEO Jonathan Bixby, the startup's new infusion of capital will be used to develop new products and features as well as to expand its global reach into Europe, Latin America, and Asia. The new round builds on the company's $11.5 million series A, which it raised back in July 2007, bringing total investment to north of $22 million.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/Ao7_pjbR7tk/

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