Vena Solutions, a Toronto, Ontario, Canada-based developer of advanced functionality for spreadsheet documents and processes, has raised $3m in funding.
Backers include Klass Capital.
The company intends to use the capital to hire new people (http://venasolutions.com/about-us/careers/) and continue to expand operations.
Led by CEO Don Mal Vena Solutions provides a Spreadsheet Process Management solution featuring financial close, disclosure management, financial and management reporting, budgeting, planning and forecasting and additional functionalities including version control, process management, data validation and a centralized database.
The company serves mid-market and Fortune 500 companies. Clients already include Canpar, Home Trust, Sentry Investments, Martinrea, First Wind and AES Energy.