Wednesday, December 2, 2009

Aravo Lands $27M

San Francisco-based Aravo, a developer of software for collaboration between buyers and suppliers, said Wednesday that it has raised $27M in a Series D funding round. The round was led by Cisco, and also included Charles Schwab/Big Sky Partner, Stephen Friedman, the former Chairman of Goldman Sachs, and William Harrison, the former CEO/Chairman of JP Morgan Chase. Aravo said the funding will go to develop new products and expand sales. More information »