StreamLink Software, a Cleveland-OH-based provider of nonprofit software management systems, raised $600,000 in a Series A round of funding.
The round was led by the North Coast Angel Fund and complements a $100,000 Innovation Fund grant from the Lorain County Community College Foundation that was awarded in September.
The new funds will enable the company to continue expansions of its operations and accelerate its growth strategy.
In conjunction with the financing, the company also added Dave Carpenter as Executive Vice President of Business Development, and John Regal as Executive Vice President of Information Technology.
In 2010, StreamLink intends to add several other people in the areas of sales, marketing and information technology.