Bain Capital Ventures invests in Edgar Online

January 29, 2010 09:22 AM E-mail| |Comments ()| Text size +

EDGAR Online Inc., a company that distributes public company filings, announced that it has completed an agreement for Bain Capital Ventures to purchase $12 million worth of convertible Series B preferred stock of the company.

Bain Capital Ventures is the Boston-based venture capital affiliate of Bain Capital.

In a press release, EDGAR Online said it expects to use the newly-secured funding to help grow the company and invest in technology and service innovations.

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