Home > > Concur and Madrona in for $10 million investment in buuteeq

Concur and Madrona in for $10 million investment in buuteeq

10/09/2012| 9:41:02 AM| 中文

Seattle-based digital marketing SaaS provider buuteeq has closed a $10 million investment round co-led by Madrona Venture Group and expense management solution provider Concur.

Seattle-based digital marketing SaaS provider buuteeq has closed a $10 million investment round co-led by Madrona Venture Group and expense management solution provider Concur.

This is an interesting move for both buuteeq and Concur, who purchased TripIt nearly 2 years ago.

For buuteeq, the infusion positions itself to take advantage of growth opportunities while simultaneously allowing it to test drive a potential long-term relationship that could lead to a buyout down the line.

Read full story at: http://www.tnooz.com/2012/10/03/news/concur-and-madrona-partner-for-10-million-investment-in-buuteeq/

TAGS: buuteeq | Concur | funding | TripIt
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