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Infusion Software Receives $9 Million Cash Infusion

Thursday, October 18, 2007 5:00:00 AM PDT | VentureDeal Staff

GILBERT, AZ -- CRM company Infusion Software, Inc. announced that it has received $9 million in its first institutional round of funding.

The company sells software via the Internet (SaaS) that centralizes organizes and automates lead generation and conversion for true small businesses of 2 - 50 employees.

MDV - Mohr Davidow Ventures invested in the round.  The company said it plans to use the proceeds to expand its sales and marketing efforts and continue to enhance its flagship software offering.

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