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SugarCRM Finds $33M




Cupertino-based SugarCRM, the developer of customer relationship management software, said Wednesday that it has raised $33M in a combination of equity and debt. The round was led by new Enterprise Associates, as well as Silicon Valley Bank, Gold Hill Capital, Draper Fisher Jurvetson and Walden International. Brooke Seawell of NEA joins the firm's board as par of the funding. SugarCRM competes against such firms as Salesforce.com; the firm is headed by Larry Augustin. The firm did not say how much of the funding was debt vs. equity. More information »


 

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