Service software maker Astadia bags $7M to diversify products

Software-as-a-service company Astadia Inc. announced yesterday that it brought in $7 million in second round financing from new investor North Atlantic Capital and existing investor Kodiak Venture Partners, VentureWire reports.

The Dallas-based company and major SalesForce.com partner develops a variety of management consulting software to streamline areas like customer service, payroll administration and employee incentive programs. It plans to use the funding to continue growing and add to its portfolio of offerings. Currently, Astadia has seven offices in the U.S., Europe and Asia and deals with the likes of Google, Workday and Eloqua.

Next Story: So much for that tech stock rebound: Apple, Yahoo, Google killed again
Previous Story: NPR crowdsources its fact-checking of the vice presidential debate to Twitter