BSG Alliance, a company that helps other businesses ready themselves for the future has secured a new round of private funding to accelerate growth.
By way of both people and software, BSG Alliance provides its clients with the tools needed to compete in so-called “next-generation” enterprises. One key area for BSG is Software-as-a-Service (SaaS) applications. Goldman Sachs expects the market for on-demand SaaS to grow to $21 billion annually by 2011.
The $50 million private round was led by Oak Investment Partners with participation from previous investors including Foundation Capital and Hummer Winblad Venture Partners. BSG Alliance is based in Austin, TX.
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