ReachForce Gets New Funding, Shifts Execs

Austin-based ReachForce, a developer of sales management and lead generation software, announced yesterday that the firm has raised additional financing. Amount of the financing was not disclosed. The firm said the funding came from Greenhill SAVP, and would go towards hiring of sales, marketing, and product development personnel, as well as for further product line expansion. As part of the funding, Greenhill SAVP has added Somak Chattopadahyay to ReachForce's board. The firm also said that CEO Suaad Sait will become Chairman of the board, with COO Bob Riazzi becoming President and a board member. More information »