Upgrade to Apple Watch Series 8? National Coffee Day Fitbit Sense 2 'Hocus Pocus 2' Review Kindle Scribe Amazon Halo Rise Tesla AI Day Best Vitamins for Flu Season
Want CNET to notify you of price drops and the latest stories?
No, thank you
Accept

Funds flow for open-source document company

Alfresco picks up $8 million in second round of venture funding.

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.