SugarCRM raises $20M more for open source CRM
updated
SugarCRM, an open source customer relationship management (CRM) software company, has raised $20 million more in financing, led by New Enterprise Associates, bringing its total funding to $46 million.
This is a hyper-competitive sector, and we’ve written about how SugarCRM shrewdly has teamed up with NEA, where partner Scott Sandell had a front-row seat in watching the moves of competitor Salesforce.com.
The company says it will use the funding to help expand to Europe and Asia, among… Continue Reading