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

[ 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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