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

Written By
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Web Webster
Web Webster
Apr 9, 2012

[ 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.”


Complete Story

thumbnail
Web Webster

Web Webster

Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.

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