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SpringCM reels in another $17.5 million

June 27, 2016

Software maker SpringCM has raised another $17.5 million.

The Chicago-based tech company, which provides a web-based platform to manage contracts, does a lot of business with companies that use Salesforce.com's sales-management software.

The funding came from Foundation Capital, North Bridge Venture Partners, Bluestem Capital and Square 1 Financial, which provided $18 million two years ago. Also participating were Panorama Partners and Wellington Financial.

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