Satmetrix takes $1M for customer loyalty software
Satmetrix Systems, a Foster City, Calf. company that rovides customer loyalty software, has raised $1 million in debt financing, according to a regulatory filing. VentureBeat last covered it when it acquired its rival Informative in 2007. It has raised about $30 million from Aspen Ventures, Sutter Hill Ventures, Stanford University and Siebel Systems (since acquired by Oracle), and $75 million from New Enterprise Associates, Walden International, Apex Venture Partners, Sevin Rosen Funds, Crystal Internet Venture… Continue Reading
Roundup: Intel pours cash into factories, N.J. goes solar, Obama taps cybersecurity chief, and more
Microsoft to tighten ties with Facebook chat? — Steve Ballmer implies (oh so subtly) full interoperability between Facebook chat and Windows Live Messenger.
Intel to sink funds into factories — Despite the downturn, the giant earmarks $7 billion for its chip manufacturing plants over the next two years.
Obama anoints Melissa Hathaway cybersecurity czar — The former aide to president Bush’s intelligence director plans to evaluate current measures to secure government networks from spies and terrorists.
Cisco’s on the hunt for acquisitions —… Continue Reading
Customer loyalty company Satmetrix Systems buys Informative
Satmetrix Systems, a Foster City, Calif. company that provides a customer loyalty service software, has acquired Informative, a South San Francisco online customer loyalty company, according to PE Wire.
No financial terms were disclosed. Satmetrix has raised around $30 million in VC funding from firms like Aspen Ventures, Sutter Hill Ventures, Stanford University and Siebel Systems.
Informative had raised around $75 million from firms like New Enterprise Associates, Walden International, Apex Venture Partners, Sevin Rosen Funds, Crystal… Continue Reading