Sprout closes on a financing round
A company called Sprout said today it closed a $5 million Series B financing led by Polaris Venture Partners, a venture capital firm with offices in Waltham.
Mitch Kapor, founder of Lotus Development Corp., also participated in the round, Sprout said.
Sprout is a platform for easily creating, publishing, and managing sophisticated rich media content on the Web; with Sprout, anyone can quickly and easily build widgets, mini-sites, banners, and other rich media content for their blog, social networking profile, or website, said Sprout, which has offices in San Francisco and Honolulu.
A recent Globe story noted that local venture firms that once largely focused on local companies are investing farther afield.
(By Chris Reidy, Globe staff)
