Tuesday, August 3, 2010

Provade Gets New Funding

San Mateo-based Provade, a developer of software tools for workforce spend management, said Tuesday afternoon that it has raised a new round of venture funding. The firm said it raised $3M in a round led by Asset Management Company, which also included Altos Ventures and Harbor Pacific Capital. The firm said the new funding will go towards sales and marketing. Provade said the new funding brings its total raised to $23M. More information »