Goldman Sachs Invests $40M In SugarCRM

CRM company SugarCRM has completed a $40 million equity investment by Goldman Sachs. The company says it will use the investment to further expand its global reach.  Antoine Munfa, a vice president at Goldman Sachs, is joining the SugerCRM board. Piper Jaffray served as SugarCRM’s financial advisor during the funding transaction.

[Image courtesy: SugarCRM]

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