Customer Management Firm SugarCRM Raises $33 Million

SugarCRM on Wednesday announced that it raised $33 million, bringing total funding to $79 million and giving it more ammo to battle Salesforce.com CRM, the market leader in customer relationship management sold primarily on-demand, via the Internet "cloud." Founded in 2004, Cupertino, Calif.-based SugarCRM provides CRM software and services to about 6,000 customers and 1 million users. It employs 270, but the company expects to add 30 or so more... Continue reading at Investor's Business Daily here