Funds flow for open-source document company
Alfresco picks up $8 million in second round of venture funding.
Stephen Shankland Former Principal Writer
Stephen Shankland worked at CNET from 1998 to 2024 and wrote about processors, digital photography, AI, quantum computing, computer science, materials science, supercomputers, drones, browsers, 3D printing, USB, and new computing technology in general. He has a soft spot in his heart for standards groups and I/O interfaces. His first big scoop was about radioactive cat poop.
Expertise Processors, semiconductors, web browsers, quantum computing, supercomputers, AI, 3D printing, drones, computer science, physics, programming, materials science, USB, UWB, Android, digital photography, science. Credentials
- Shankland covered the tech industry for more than 25 years and was a science writer for five years before that. He has deep expertise in microprocessors, digital photography, computer hardware and software, internet standards, web technology, and more.
Alfresco, a start-up whose open-source software is used to manage documents in corporate environments, announced Wednesday that it received $8 million in a second round of venture funding. The Mayfield Fund led the Series B investment round, while Series A investor Accel Partners also contributed again. Mayfield's Robin Vasan will join the Alfresco board as part of the deal.
Afresco was started in 2005 by John Newton, co-founder of ECM provider Documentum, a proprietary document management company acquired by EMC for $1.7 billion in 2003, and John Powell, former chief operating officer of business intelligence firm Business Objects.