Tuesday, July 3, 2007

Right90 Adds $12M

Foster City-based Right90 has raised $12M in a Series B funding, the firm announced last week, in a round led by InterWest Partners. Other investors in the firm included Shasta Ventures and US Venture Partners, who led the company's Series A. Right90 develops a software-as-a-service offering used for sales forecasting. Right90 said the funding will go towards increasing market share and adoption of the firm's applications. The company also said it will use the funding to build out its product roadmap to provide sales planning products for the manufacturing industry. More information »