Springcm
Encyclopedia
SpringCM is an enterprise content management
Enterprise content management
Enterprise Content Management is a formalized means of organizing and storing an organization's documents, and other content, that relate to the organization's processes...

 company that provides cloud
Cloud
A cloud is a visible mass of liquid droplets or frozen crystals made of water and/or various chemicals suspended in the atmosphere above the surface of a planetary body. They are also known as aerosols. Clouds in Earth's atmosphere are studied in the cloud physics branch of meteorology...

 document management and workflow
Workflow
A workflow consists of a sequence of connected steps. It is a depiction of a sequence of operations, declared as work of a person, a group of persons, an organization of staff, or one or more simple or complex mechanisms. Workflow may be seen as any abstraction of real work...

 solutions for businesses and other organizations. Its corporate headquarters is located in Chicago, Illinois, and the company maintains a Federal office in Herndon, Virginia
Herndon, Virginia
Herndon is a town in Fairfax County, Virginia, in the Washington, D.C. metropolitan area of the United States. The population was 21,655 at the 2000 census, which makes it the largest of three towns in the county.-History:...

.

SpringCM is not related to SpringSource or the Spring Framework.

The current CEO is Christopher Junker.

History

In January 2006, SpringCM made its debut on the Software as a Service
Software as a Service
Software as a service , sometimes referred to as "on-demand software," is a software delivery model in which software and its associated data are hosted centrally and are typically accessed by users using a thin client, normally using a web browser over the Internet.SaaS has become a common...

 marketplace as an offshoot product based heavily upon a document sharing and compliance utility constructed for ChemCentral. SpringCM received $8 million in foundation capital from Silicon Valley
Silicon Valley
Silicon Valley is a term which refers to the southern part of the San Francisco Bay Area in Northern California in the United States. The region is home to many of the world's largest technology corporations...

-based investment capital firm Foundation Capital in third-quarter 2006, bringing the total amount of investment capital raised to $10 million USD.

In March 2007, SpringCM introduced SpringCM for Salesforce.com
Salesforce.com
Salesforce.com is an enterprise cloud computing company headquartered in San Francisco that distributes business software on a subscription basis. Salesforce.com hosts the applications off-site...

 through the Salesforce.com AppExchange. Stratus Technologies
Stratus Technologies
Stratus Technologies, Inc. a major producer of fault tolerant computer servers. The company was founded in 1980 as Stratus Computer, Inc. in Natick, Massachusetts, and adopted its present name in 1999. The current CEO and president is Dave Laurello. Stratus Technologies, Inc. is a privately held...

 announced that it chose SpringCM for contract negotiations approval in September 2007.

SpringCM also receives funding from North Bridge Venture Partners.

In 2010, SpringCM received $15.0 million in financing to help further develop and extend the company’s cloud enterprise content management platform and solutions.  This round of financing included existing investors Foundation Capital and North Bridge Venture Partners, and Silicon Valley Bank joined to provide growth capital
Growth capital
Growth capital is a type of private equity investment, most often a minority investment, in relatively mature companies that are looking for capital to expand or restructure operations, enter new markets or finance a significant acquisition without a change of control of the business.Companies...

 and working capital
Working capital
Working capital is a financial metric which represents operating liquidity available to a business, organization or other entity, including governmental entity. Along with fixed assets such as plant and equipment, working capital is considered a part of operating capital. Net working capital is...

 financing.

Partnerships

EchoSign - December 12, 2007 - EchoSign provides electronic signature
Electronic signature
An electronic signature, or e-signature, is any electronic means that indicates either that a person adopts the contents of an electronic message, or more broadly that the person who claims to have written a message is the one who wrote it . By comparison, a signature is a stylized script...

software integrated within SpringCM.
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