Citrix has backed the IT consulting company with another investment as it approaches a float. The company also owes US computer company Dell roughly $38.5m in borrowings.
Information technology company Citrix Systems has helped flotation candidate GlassHouse raise an additional $6m as part of its Series F round ahead of its initial public offering.
Citrix invested $5m, while US venture firm Greenspring Crossover Ventures invested $1m, according to the latest update to GlassHouse’s initial public offering filing. The recent $5m investment was in addition to an earlier $5m investment by Citrix in the series F round. Dow Jones Venture Source said the latest investment took the round…