Wednesday, June 10, 2009

SugarCRM Expands In Europe

Cupertino-based SugarCRM, a developer of open source software for customer relationship management, said today that the firm has expanded in Europe, opening up a new corporate headquarters in Germany. According to SugarCRM, the new headquarters is located in Munich, Germany, and was opened to accomodate "growing commercial demand" for its products. The firm said it recently added Fuji Film Spain, Loomis UK, Coca Cola France and Avis Scandinavia as customers. SugarCRM is venture backed by DFJ, Walden International, and New Enterprise Associates, and has raised more than $46M in funding.