Meritage Funds Backs SMB Software Maker

Denver-based private equity investor Meritage Funds has invested in a developer of hosted ERP, CRM, and other software for small and medium sized businesses. Meritage has invested $3M in SMB Suite, a Texas-based hosted services firm which bases its products on Microsoft Dynamics. Masergy Communications CEO Chris MacFarland also joins as an investor, and has been appointed to SMB Suite's board. More information »