Tuesday, March 25, 2008

BSG Alliance Raises $50M

Austin-based BSG Alliance said Tuesday night that it has raised more than $50M in additional private financing. The new funding round was led by Oak Investment Partners, and also included prior investors Foundation Capital and Hummer Winblad Venture Partners. BSG Alliance said it would use the funding to further extend its platform. BSG Alliance develops enterprise talent management software. Ren Riley of Oak Investment Partners joins the firm's board of directors. More information »