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Coradiant seals $15 million private placement
By Sheri Kasprzak
New York, June 26 - Coradiant, Inc. completed a $15 million private placement.
The company sold securities to a group of investors led by Mesirow Financial Private Equity and including Desjardins, DCM, GrandBanks Capital and Miramar Venture Partners.
Proceeds will be used for growth.
The full terms of the deal could not be determined by press time Tuesday.
San Diego-based Coradiant produces user-performance management equipment for internet users.
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