Infusion Software Raises $9M From MDV

Infusion Software Inc., a publisher of customer-relationship-management software for small businesses, announced Wednesday that it has received $9 million in first-round financing from a Silicon Valley-based venture capital firm, MDV-Mohr Davidow Ventures. Infusion said it will use the funds to ramp up its sales and marketing efforts and to further develop its CRM platform. Infusion explained that its flagship product, Infusion CRM, is a software-as-a-service application designed for owner-run organizations with up to 50 employees. Founded in 2001, Infusion Software is a privately held company headquartered in Phoenix. More information »