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BonitaSoft Raises $13M Series C For Its Open Source Business Process Management Solution

BonitaSoft, a provider of an open source business process management (BPM) solution, has raised a $13 million Series C round led by the FSN PME Fund, a French government initiative to invest in technology companies to help them scale globally. Also joining the round are previous investors Ventech, Auriga Partners, and Serena Capital. The new funding round brings the total raised by the company to just over $28 million since being founded in 2009, and follows an $11m Series B in late 2011.