Messaging is Hot

SarbOx email compliance software company Orchestria may be in a boring business, but it’s hot stuff, as the closing of its recent $21-million fourth round demonstrated:

Though Orchestria positioned the round as a strategic one — seeking only investors with contacts in key markets — Paul Johns, the startup’s vice president of marketing, said the deal was highly competitive nonetheless.
“This is probably the quickest round I have ever done,” Johns said. “We talked to 11 firms, had nine offers and received five term sheets before settling on Paladin.”

Related posts:

  1. The Hole in Microsoft’s Messaging Strategy
  2. Om Tips Technorati’s VC Money
  3. Does Price Matter in Venture Investing?
  4. On Patents Being Bad for Your Career
  5. How Google Wrong-Foots Regulators