Ektron, a Nashua, N.H.-based provider of Web Content and Digital Experience Management solution, closed its third financing round.
Backers in the round, which brings the total amount raised by the company to date to $4.5m, included CEI Ventures, a venture capital subsidiary of Coastal Enterprises Inc., a Wiscasset, Maine-based community development financial institution, existing investors, and new angel investors. In conjunction with the funding, Nathaniel Henshaw, Managing Director of CEI Ventures, will join Ektron’s Board of Directors.
The company plans to use the new funding to accelerate its global reach by expanded sales and marketing programs, to further develop its mobile and cloud offerings in web content and digital experience management, and to advance its technology.
Founded in 1998 by CEO Bill Rogers, Ektron provides a cloud web content management hosting solution for global organizations to simplify the creation, management and delivery of digital experiences.
Customers include Fairmont Raffles Hotels International, Las Vegas Sands, Microsoft, NASDAQ and National Health Services UK.
The company also has offices in Australia, Canada and the U.K.