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/