Blueprint Raises $15.9 Million in Growth Capital

Toronto’s Blueprint announced today the completion of a growth capital round of funding totaling $15.9 million.

The round was led by a new investor – Tandem Expansion Fund, with the participation of existing investors from BDC IT Venture Fund, Walsingham Partners Fund, and several private investors. The money raised will be used to accelerate Blueprint’s growth by expanding sales, marketing and channel partner presence and capacity in USA, Europe and Asia Pacific.

Blueprint is a global leader in requirements definition and management software.

Over the past five years, more than 200 customers — including major Fortune 500 banks, insurance companies, retailers, pharmaceutical companies and government agencies — have improved collaboration between their business and IT teams using Blueprint’s patented requirements visualization and social features.