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Proxima receives $10 million

Proxima Systems received $10 million toward its third round of funding, the company announced Tuesday. The Montreal-based company hopes to raise a total of $16 million by fall. Investors in this latest round included CDP Capital Communications and Fonds de solidarite FTQ. Proxima, which has raised a total of $33 million, has developed customer care and billing software for the telecommunications industry. See complete list.

Proxima Systems received $10 million toward its third round of funding, the company announced Tuesday. The Montreal-based company hopes to raise a total of $16 million by fall. Investors in this latest round included CDP Capital Communications and Fonds de solidarite FTQ. Proxima, which has raised a total of $33 million, has developed customer care and billing software for the telecommunications industry.

See complete list.