Infusionsoft has raised $54 million fromn Goldman Sachs for its small business sales and marketing automation platform. The investment pushes Infusionsoft’s total venture funding to $71 million. The company raised $9 million in 2007 from Mohr Davidow Ventures and another $8 million from vSpring Capital the next year with Mohr Davidow participating. → Read More
The marketing automation sector is one of the fastest growing in the burgeoning enterprise space. We see proof of this today with Eloqua’s initial public offering (HPO).
The stock opened at $12.02 per share on the NASDAQ for the SaaS provider of performance management technology. It was up more than 15% in trading, up from its $11.50 original stock price. The company sold eight million shares. → Read More