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Achievo Nets $24 Million Series B Funding

Thursday, March 01, 2007 7:30:00 AM PDT | VentureDeal Staff

SAN RAMON, CA -- Achievo Corporation announced the receipt of $24 million in second round funding.

The company describes itself as a "global software and information technology outsourcing provider with a local front-end and China back-end service model."

Achievo cited its recent awards as among the top outsourcing providers to China.  The company plans to use the proceeds for additional expansion.  It also said that any future fundings would be used for strategic or acquisition purposes.  Investors in the round were not disclosed.

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