NineSigma, Inc., a Cleveland, Ohio-based provider of Open Innovation solutions to large, mid and small cap markets, closed a $2.5m debt financing with BlueCrest Capital Finance, L.P.
The company intends to use the funds to expand its current capabilities. According to CEO Andy Zynga, this capital will allow NineSigma to increase the number of organizations they serve worldwide and the breadth of solutions they offer.
Through its proprietary methodology, its extensive network of more than two million solution providers and knowledge base, the company connects innovation seekers with innovators globally.
Cafferty & Company served as independent advisor to NineSigma on the financing.