Earlier this month SugarCRM announced that it had secured $20 million in a new financing round, bringing its total funding so far to $46 million -- a significant accomplishment for several reasons. If SugarCRM is not familiar to you, it's not a new Caribbean restaurant in SoHo. I never bothered to find out exactly where the got the name, but Sugar is an up-and-coming CRM vendor with a very different take on the market. The company's signal differentiator is that it is an open source product.
February 20th 2008