Thursday, April 17, 2008

Central Desktop, the Complete Business Collaboration platform for business teams got $7M

What Company Is Offering:
Central Desktop delivers a Complete Business Collaboration platform for the mid-market enabling business teams to connect, share, collaborate and manage business both internally and externally on customizable web workspaces. Its solution is delivered as a pure-play web-based platform (SaaS) that combines the most robust collaboration tools available with consumer-level service and afford-ability. Central Desktop enables teams of all sizes to work virtually and seamlessly without the need for IT resources, leveling the playing field for SMBs wishing to do business with the Fortune 5000 through technology that is as simple as launching a browser.

How Much They Got From VCs:
Central Desktop, the Complete Business Collaboration platform for business teams, t announced a $7M investment from OpenView Venture Partners. The funding is the company’s first round of institutional investment and will be used to further accelerate Central Desktop's R&D, marketing and sales efforts into the under-served SMB market that requires robust business tools with ease of use at affordable prices. The company now serves over 125,000 users and business teams as its approach to Business Collaboration continues rapid adoption in the SMB market. In related news, Central Desktop was named a finalist in both the 2008 Red Herring 100 and SoftwareCEO's Most Innovative General Business Software Awards.

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