RiseSmart Gets $3M More

San Jose-based RiseSmart, a provider of outplacement and recruitment process outsourcing services and software for companies, said today that it has raised $3M in a new equity financing. The round came from current investors Norwest Venture Partners, Storm Ventures, and angel investors. The firm said the new funding brings its total raised to $11.84M. The firm said the new funding round will go towards aggressive expansion into new markets, and further development of its services. More information »