Artesian Solutions Brings In $5 Million

Software startup Artesian Solutions announced it raised $5 million in financing from Columbia Lake Partners.

Artesian’s software solution uses algorithms to gather information on industries, organizations, individuals, and topics, and then filters and transforms the information into commercially valuable insights. The platform can also be used to track customers, prospects, competitors, and partners, spot business opportunities, and manage risk.

The company plans to use the capital to refinance existing debt obligations and provide a line of working capital for further growth and expansion.