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    Wednesday, May 19, 2004

    Accruent Raises $12M


    Santa Monica-based Accruent has raised $12M for its contract management software solutions. The funding came from Granite Global Ventures, Sierra Ventures, Pequot Ventures, Innocal, Red Rock Ventures, Peninsula Equity Partners, and Constellation Ventures. The round of funding brings the total raised by Accruent to more than $35M. The company said the funding would be used to expand product development, sales, and marketing.
    posted on Wednesday, May 19, 2004 (Link to more information)

    Related companies:
    Accruent

    Related stories:
    > Accruent Hires VP Product Development
    > Accruent Buys Contract Management Firm
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    > Accruent Gets SAP Nod
    > Accruent Names Marketing VP

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