Decisyon, Inc., a Stamford, CT-based provider of collaborative enterprise software solutions to Global 1000 companies, received a $5m venture loan facility.
The financing was provided by Horizon Technology Finance Corporation (Nasdaq: HRZN), a specialty finance company that provides secured loans to venture capital and private equity backed development-stage companies in the technology, life science, healthcare information and services, and clean-tech industries.
The company intends to use the proceeds to continue to expand their operations in the U.S. and sales efforts.
Led by Founder and CTO Franco Petrucci and CEO Tom Cowan Decisyon, Decisyon provides software that allows customers to discover key factors affecting business issues and processes, collaborate and decide on actions to take, and execute activities that optimize impact.
Global 1000 customers include respected pharmaceutical, banking, manufacturing, media and fashion companies.
The company, which has a development facility in Latina, Italy, and European Sales offices in Milan, Italy, is currently hiring (read here).
24/10/2012: Decisyon Closes $15M Series A Financing