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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