Digabit completes $3M Series A financing round led by Flywheel Ventures
Thursday August 1, 2013 0 comments

The capital will be used to accelerate product development and revenue growth, Digabit said.
Digabit is a SaaS provider of Documoto, a web library for technical documentation - including electronic parts catalogs - and a suite of supporting products.
In conjunction with the investment, Trevor Loy, a general partner with Flywheel Ventures, has joined the company's board of directors as chairman.
"Trevor brings a wealth of experience to advising Software-as-a-Service companies like Digabit and helping them achieve rapid growth through the delivery of compelling products that solve critical customer needs," said Alan Sage, Digabit's co-founder and CEO.
"Flywheel looks for companies offering compelling products that solve critical problems for global industries," said Loy. "We believe that Digibit's Documoto solution, a next-generation web library and parts ordering application, has reached an inflection point in defining an entirely new product category with a solution now mature enough for mainstream customers."
For more information, visit www.digabit.com.