Wednesday, June 4, 2008

CrownPeak , the company defining the future of content managementhas closed $6 Million in a second round

What Company Is Offering:
CrownPeak is the market leader in on-demand web site software. CrownPeak's unique combination of software and services give Web site managers complete control over the critical functions involved in delivering a successful, revenue-driving Web site.

Hundreds of diverse organizations such as 3M, ING, Hyundai Motors, Home Depot, EMI Music, the State of Virginia and the National Institutes of Health have realized the value in CrownPeak's software's renowned ease-of-use, and its 24x7 customer support and guaranteed response times. CrownPeak's also provides easy to use and cost-effective solutions for smaller and mid-sized organizations.

How Much They Got From VCs:

CrownPeak , the company defining the future of content management, today announced it has closed $6 Million in a second round of financing, bringing its total raised in two rounds to $10.25 Million. SunAmerica Ventures was the lead firm in this round, with additional financing from existing investors Sigma Partners and Altos Ventures, both of CrownPeak's Series A investors.

The company will use the funds to accelerate new product development initiatives, and further its leadership position in the content management industry with ongoing investments in marketing. Troy Fukumoto from SunAmerica Ventures will join the CrownPeak board, which includes Jim Howard and Carl Sutter from CrownPeak, Bob Spinner from Sigma Partners and Anthony Lee from Altos Ventures.


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