SugarCRM Garners $40,000,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cd068120-7d98-424f-a206-2c46444a7a38
Date
8/21/2013
Company Name
SugarCRM
Mailing Address
10050 North Wolfe Road Cupertino, CA 95014
Company Description
SugarCRM is the world’s leading provider of commercial open source CRM software for companies of all sizes.
Website
http://www.sugarcrm.com
Transaction Type
Venture Equity
Transaction Amount
$40,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The company will use the investment to further expand its global reach, continuing the upward momentum SugarCRM has experienced with 15 consecutive quarters of growth.
M&A Terms
Venture Investor
Goldman Sachs