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SugarCRM Grows 67 percent, Raises $33 Million for Enterprise CRM Push

Apr 09, 2012, 19:02 (0 Talkback[s])
(Other stories by Brian Taylor)

[ Thanks to The VAR Guy for this link. ]

"SugarCRM, which competes with Salesforce.com and Microsoft Dynamics CRM, has raised $33 million in funding to push deeper into the enterprise market. SugarCRM is available both on-premises and via SaaS partners. And that strategy sounds like it?s working, according to new anecdotes from CEO Larry Augustin (pictured).

"This round?s investors includes new names (New Enterprise Associates, Silicon Valley Bank and Gold Hill Capital) and all of SugarCRM?s investors from previous rounds."

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