For a monthly subscription fee, the company provides salespeople and managers access to up-to-the-minute customer information, forecasts, sales reports and customized sales tips, all delivered via the Internet. The market for hosted software has been disappointing, but SalesNet and its rival Salesforce.com are convinced their focus on sales applications will prove a fruitful niche. --Alorie Gilbert, Special to ZDNet News
SalesNet, a provider of hosted sales force productivity software, said Tuesday that it has raised $7.8 million in funding. The round, led by Prism Venture Partners, brings the total funding raised by the company
to $20 million. SalesNet CEO Mike Doyle said the latest round helps the company reach its goal of turning a profit by the end of the year and enhances its prospects for an initial public offering.
SponsoredWhite Papers, Webcasts, and Downloads
- Virtualization: Architectural Considerations And Other Evaluation Criteria VMware Of the many approaches to x86 systems virtualization available in the ... Download Now
- Five Steps to Determine When to Virtualize YourServers VMware Server virtualization isn't just for big companies. Entry-level ... Download Now
- Why Isn't Server Virtualization Saving Us More? A Few Small Changes May Dramatically Increase Your Efficiency VMware Companies have rapidly adopted server virtualization over the past few ... Download Now
Talkback
Essential Topics 
Premier Vendor Content Whitepapers, webcasts & resources from our Power Center Sponsors
- New Online Dashboard for IT Leaders
-
Read about top issues IT decision-makers face every day, plus get cost-effective solutions to real-life IT problems.
- Learn more >>
- Save time with automated shipping solutions
-
The Business Essentials Guide provides you useful tools and templates to help grow your business and save you time with automated shipping solutions.
- Visit the UPS Business Essentials Guide
- Microsoft Dynamics CRM Online - Free Six-Month Trial for Eligible Organizations
-
Microsoft Dynamics CRM Online provides fast online access, simple contact management and better sales performance for a low monthly cost - the best value on the market today.
- Learn more about the free, six-month trial offer>>
White Papers, Webcasts, and Downloads
- Virtualization: Architectural Considerations And Other Evaluation Criteria VMware Of the many approaches to x86 systems virtualization available in the ... Download Now
- Five Steps to Determine When to Virtualize YourServers VMware Server virtualization isn't just for big companies. Entry-level ... Download Now
- Why Isn't Server Virtualization Saving Us More? A Few Small Changes May Dramatically Increase Your Efficiency VMware Companies have rapidly adopted server virtualization over the past few ... Download Now
SmartPlanet
- Thought-provoking progressive ideas on diverse topics that intersect with technology, business, and life, and matter to the world at large. Visit SmartPlanet
- More from IBM
-
- Innovate your business' process model, play against the market, compete against others on our scoreboards and WIN! Try INNOV8 2.0: A BPM Simulator
- Enabling Real-World Business Transformation through IBM Service Management Read the EMA Analyst Report
