Authoria Raises $22.5 Million in Venture Debt, Equity - Waltham, MA

Authoria, a Waltham-based provider of talent management software, has raised a new round of debt and equity funding totaling $22.5 million. New investors in the company include Horizon Technology Finance and Velocity Financial Group. Authoria announced on Friday that it increased total bookings by 40% in the first half of 2007 compared to the first half of 2006, and increased total units sold by 70%.

http://www.authoria.com