Octane Fueled by $13m Financing Round.Octane Software Inc, a customer relationship management software vendor which launched in February, has completed a round of funding worth $13m. The financing was from existing investors Greylock, Sigma Partners Sigma Partners is a major venture capital firm based in Silicon Valley and Boston. Sigma Partners invests in early-stage information technology companies (semiconductor, software and hardware). The firm was founded in 1984 by J. Burgess Jamieson and C. Bradford Jeffries. and Lucent Venture Partners who were joined by IT investor Norwest Venture Partners and consulting house KPMG KPMG Klynveld Peat Marwick Goerdeler (accounting firm) KPMG Kaiser Permanente Medical Group KPMG Keiner Prüft Mehr Genau (German) KPMG Kommen Prüfen Meckern Gehen . The money will go towards expanding Octane's R&D spend as well as upping sales in Europe and the US. Octane CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Tim Guleri was previously at Scopus, which was acquired by Siebel last year. He says the San Mateo, California-based company was formed to try and serve new internet firms with their millions of customer touchpoints, rather than converting the older technology of front-office players like Siebel and Vantive. Octane claims to be the first vendor to offer real-time interactive and personalized CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. software. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion