Daptiv Raises $9M More

Seattle-based Daptiv (formerly eProject), a maker of collaborative business software, has raised an additional $9 million in Series B funding, according to PE Hub, which cites a regulatory filing, and VentureBeat. Last year, the company closed a $12 million round. Its investors include Bay Partners, Kennet Partners, King Street Partners, and Wolf Bay Holdings. Earlier this month, Daptiv announced that in the first half of 2008, it has added more than 100 new customers (including Bain Capital and BestBuy.com).

Author: Gregory T. Huang

Greg is a veteran journalist who has covered a wide range of science, technology, and business. As former editor in chief, he overaw daily news, features, and events across Xconomy's national network. Before joining Xconomy, he was a features editor at New Scientist magazine, where he edited and wrote articles on physics, technology, and neuroscience. Previously he was senior writer at Technology Review, where he reported on emerging technologies, R&D, and advances in computing, robotics, and applied physics. His writing has also appeared in Wired, Nature, and The Atlantic Monthly’s website. He was named a New York Times professional fellow in 2003. Greg is the co-author of Guanxi (Simon & Schuster, 2006), about Microsoft in China and the global competition for talent and technology. Before becoming a journalist, he did research at MIT’s Artificial Intelligence Lab. He has published 20 papers in scientific journals and conferences and spoken on innovation at Adobe, Amazon, eBay, Google, HP, Microsoft, Yahoo, and other organizations. He has a Master’s and Ph.D. in electrical engineering and computer science from MIT, and a B.S. in electrical engineering from the University of Illinois, Urbana-Champaign.