BlueRoads, provider of online software to manage vendors raises $9M
BlueRoads, a San Mateo, Calif. company that sells online software to large businesses to help manage their resellers and other third-party vendors, has raised $9 million in a third round of funding, according to Tech Confidential.
The funding comes from previous investors ArrowPath Venture Capital, Cardinal Venture Capital and El Dorado Ventures. That brings the total funding raised by the software provider, launched in 2001, to $25 million.
It is another company launched by Shinya Akamine, who is co-founder and former CEO of Postini, the company acquired by Google in July for $625 million.
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