News

Deal Announcements

BSG Alliance Taps $20 Million Venture Funding

Tuesday, May 8, 2007 5:00:00 AM PDT | VentureDeal Staff
AUSTIN, TX -- OnDemand software company BSG Alliance announced that it has secured $20 million in venture capital investment from a syndicate of firms.

BSG provides high-end strategy and on-demand software to businesses that want to bring their offerings into the enterprise 2.0 world.  They claim to have a unique go-to-market business model.

Investors in the round were Foundation Capital, Hummer Winblad Venture Partners and company CEO Steve Papermaster's venture firm, Powershift Ventures, L.P.  The company intends to use the proceeds to continue development of its software offerings, make targeted acquisitions and for general corporate purposes.

Email Page  Email Page | Print Page Print Page

Free Trial

Want unlimited access to the complete database with thousands of technology companies, VCs and transactions for only $25 per month?

Start your Free 14 Day Trial now – no obligation or credit card required.

Free 14 day trial. No Obligation. Click to Register.
Venturedeal Twitter Venturedeal Facebook Venturedeal Linkedin


PCI - Level1