Monday, July 6, 2009

Sevin Rosen Boosts Software Firm

Dallas- and Austin-based Sevin Rosen Funds has re-upped its investment in a software-as-a-service provider based in Denver. According to InfoNow, which provides software used by companies to manage their sales channels, Sevin Rosen has returned as an investor in the company, as part of a $5M, Series B funding round for the firm. Sevin Rosen was one of InfoNow's original investors in a October 2007 Series A financing. Sevin Rosen's portion of the funding was not disclosed.