Tuesday, November 13, 2007

Zilliant Raises $4M For Growth

Austin-based Zilliant has raised $4M in a venture capital round, the firm disclosed this week. The round was a Series F, and came from SMH Capital Inc, according to Lori Piening, Director of Marketing for the firm. Other investors in the round were Austin Ventures, JP Morgan and Cardinal Venture Capital, all prior investors in the firm. Piening said that the firm's investors approached the firm offering the capital infusion, as a way to enabled accelerated growth that the firm is experiencing. Zilliant is a provider of pricing optimization software used by companies to set their business pricing. More information »