Article: Silanis Technology Secures $16 Million in Second Round Sofinov Leads, Brings Lehman Brothers on Board.

Business Editors

MONTREAL--(BUSINESS WIRE)--Sept. 27, 2000

Silanis Technology Inc., a leading developer of electronic signature and approval management solutions, announced today that it has secured $16 million (CDN) in second-round financing.

Quebec-based Sofinov, a subsidiary of the Caisse de depot et placement (CDP), led the round, garnering further investment from Investissement Desjardins and a matching commitment from New York based Lehman Brothers Venture Capital, who closed the round.

By more than tripling Silanis's first round procurement, the investment sends a strong message of investor confidence in the electronic signature ...

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