Nuxeo Raises $3.3m in Venture Capital Funding

Nuxeo, a Paris, France-based provider of an open source Enterprise Content Management (ECM) solution, has raised $3.3m (approximately €2.7m) in venture capital funding.
The round, which  was led by OTC Asset Management, brings the total amount raised by the company to date to $5.9m. In December 2008, Nuxeo had raised a $2.6m in its Series A funding.
The company will use the new funds to accelerate its Nuxeo Galaxy partner program, which is comprised of systems integrators, consultants and application solution providers who build content-centric applications on the open source Nuxeo Enterprise Platform (Nuxeo EP).
The capital will support a range of partner activities, such as funding co-development of third-party packaged applications, sharing Nuxeo engineering and services resources, as well as joint marketing and product launch activities. 

The company also plans to continue its expansion in North America with the addition of dedicated staff responsible for managing and expanding its partner ecosystem.
Nuxeo’s customers currently include The Press Association, Agence France-Presse (AFP), EllisDon, Cengage and other companies across all industries, including media, government, transportation, education and energy sectors.
The company operates global offices in North America (Boston), Western Europe (Paris, Madrid and Rome), Eastern Europe (Moscow) and the Middle East (Dubai).

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