Tech Company Financing Transactions

SugarCRM Funding Round

SugarCRM closed a $20 million investment round on 2/7/2008. Investors included New Enterprise Associates, Threshold Ventures and WRV Capital.

Transaction Overview

Company Name
Announced On
2/7/2008
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Undisclosed
Investors

New Enterprise Associates (Lead Investor) (Scott Sandell)

Threshold Ventures (Josh Stein)

WRV Capital (Mary Coleman)

Proceeds Purpose
SugarCRM will use the proceeds to fund continued growth in the CRM market, including research and development and global expansion, particularly in Europe and Asia.

Company Information

Company Status
Acquired or Merged
Industry
Software
Mailing Address
10050 North Wolfe Road SW2-130
Cupertino, CA 95014
USA
Email Address
Overview
SugarCRM is the world's leading provider of commercial open source CRM software for companies of all sizes.
Profile
SugarCRM LinkedIn Company Profile
Social Media
SugarCRM Company Twitter Account
Company News
SugarCRM News
Facebook
SugarCRM on Facebook
YouTube
SugarCRM on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Larry Augustin
  Larry Augustin LinkedIn Profile  Larry Augustin Twitter Account  Larry Augustin News  Larry Augustin on Facebook
Chief Financial Officer
Andrew Chmyz
  Andrew Chmyz LinkedIn Profile  Andrew Chmyz Twitter Account  Andrew Chmyz News  Andrew Chmyz on Facebook
Chief Technical Officer
Clint Oram
  Clint Oram LinkedIn Profile  Clint Oram Twitter Account  Clint Oram News  Clint Oram on Facebook
VP - General Counsel
Patricia Timm
  Patricia Timm LinkedIn Profile  Patricia Timm Twitter Account  Patricia Timm News  Patricia Timm on Facebook


 

 

Browse more venture capital transactions:

Prev: 2/7/2008: Cellfire venture capital transaction
Next: 2/7/2008: OraMetrix venture capital transaction

 

Share this article

 


Where The Data Comes From

We record funding rounds that are announced publicly. VC investment data records reported here come from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary