Deal Announcements

BlueRoads Clears $6 Million Fifth Venture Round

Friday, June 27, 2008 5:44:00 AM PDT | VentureDeal Staff

San Mateo, California -- Software company BlueRoads Corporation announced that it has received $6 million in the company's fifth venture capital funding round.

BlueRoads sells channel management software and services that enables enterprises to market and sell their products more effectively through indirect channels.

Zen Shin Capital Partners led the round, which included ArrowPath Venture Partners, Cardinal Venture Capital and El Dorado Ventures.  The company said it would use the financing to help accelerate sales to medium and large corporations as well as expand into additional vertical industry markets.

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