Cary-based FormRouter (www.formrouter.com) has raised $1 million of private funding from undisclosed friends and family. This round of funding will be used to promote FormRouter's new release, FormRouter.NET, which helps organizations create and host forms online and retrieve responses directly to their desktop databases without any programming.
In addition, the company will utilize these funds to boost its work force, which currently consists of eight employees. FormRouter officials said the money should make the company profitable without seeking additional fund raising.