RoundPegg Ropes In $2.8M

Boulder-based RoundPegg, a developer of software to help shape company culture, has raised $2.8M in a funding round, the company announced this morning. The company said the new funding came from Access Venture Partners, Point B Capital and Dundee Venture Capital. RoundPegg--which is led by Tim Wolters--said it will use the funding to add to its sales and marketing teams and to expand its client base. The company said it anticipates close to 250 percent growth through the end of 2013, although it did not disclose where the company's revenues are. The company said the round was oversubscribed. More information »