VCG Software announced that it took $5m last month (June 2007) Jefferson Capital Partners Ltd. and Constellation Software Inc. to support the launch of Pointwing, their next generation front office built on the .NET platform.
It looks like Jefferson Capital made a previous investment in VCG for the WebPAS product. Looks like VCG took $7.5m in 2000. Constellation Software says they invested $4m, generally buy vertically focused software companies and like the potential of being able to buy VCG in the future. I honestly had not realized VCG was venture-backed until Constellation's press release said so - they've been around so long..
I am trying to think of any privately-held front office application vendors that are venture-backed and can't think of a one this morning. Can you?
Post a comment or email me if a vendor name springs to mind.
« 22: VCG's Pointwing to scale to 10k users | Main | 24: Candidate data privacy »
July 11, 2007
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