Business intelligence company PivotLink raises $10M

PivotLink, which delivers business intelligence via online subscription, has raised $10 million in a third round of financing. The San Francisco company says its sales bookings increased 100 percent in 2008 and that it has more than 6,000 business users. It has raised a total of $25 million.

The new round was led by StarVest Partners, with participation from existing backers Trident Capital and Emergence Capital Partners.

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Anthony is a senior editor at VentureBeat, as well as its reporter on media, advertising, and social networks. Before joining the site in 2008, Anthony worked at the Hollister Free Lance, where he won awards from the California Newspaper Publishers Association for breaking news coverage and writing. He attended Stanford University and now lives in San Francisco. Reach him at anthony@venturebeat.com. (All story pitches should also be sent to tips@venturebeat.com) You can also follow Anthony on Twitter.

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