TrueDemand Finds $8M

Los Gatos-based TrueDemand Software has closed an $8M round of funding. The funding was led by CMEA Ventures, and included Mayfield and Bay Partners, the firm's original investors. TrueDemand said that the funding will be used to fuel ongoing development, marketing and sales. TrueDemand develops software for managing sales and the supply chain for retailers and suppliers. More information »