Igloo raises $47 mln in Frontier Capital led round

Igloo Software said it raised $47 million in a round led by Frontier Capital.

As part of the deal, Andrew Lindner, a Frontier co-founder, will join Igloo’s board, along with Frontier Vice President Dave Pandullo and Frontier’ Bob Froetscher.

Ontario-based Igloo will use the investment to build out sales and marketing operations, expanding its distribution channels and strengthen its partnership with Microsoft.