EDGAR Online, Inc. (Nasdaq: EDGR), a leader in the distribution of public company filings and in the eXtensible Business Reporting Language (XBRL) financial reporting standard, has completed an agreement for Bain Capital Ventures (www.baincapitalventures.com) to purchase $12 million worth of convertible Series B Preferred Stock of the Company. EDGAR Online (www.edgar-online.com) expects to use the newly-secured funding to scale its pioneering leadership position in the filing business associated with XBRL and simultaneously invest to expand its data and subscription offerings.

Bain Capital Ventures is an affiliate of Bain Capital (www.baincapital.com), one of the largest and most respected private investment firms in the world. Bain Capital Ventures is known for its exceptional approach to identifying and partnering with the management teams of early and growth stage entrepreneurial companies to build market leaders.

The Jordan, Edmiston Group represented Edgar Online in this transaction and acted as its exclusive financial advisor. For more information, click here.