Tuesday, March 11, 2008

Gigya Gets $9.5M

Palo Alto-based widget provider Gigya said today that it has completed a $9.5M, Series B round of funding. The round was led by Mayfield Fund, and also included Benchmark Capital and First Round Capital. Gigya said the funding will go to enhance its technology and its distribution network, along with development of additional products. Navin Chaddha of Mayfield will join the firm's board along with the funding. More information »