Tag: SaaS

Dec 22 2006

CTSpace raises $5.3m

According to its latest press release, CTSpace has raised $5.3m (about £2.7m) funding in a financing round led by previous investors Insight Venture Partners and GRP Partners. The funding will apparently be used by this “leading independent collaboration on-demand company”* to “extend its leadership position” by expanding “key areas of its business including sales, marketing and international operations” …

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Permanent link to this article: http://extranetevolution.com/2006/12/ctspace_raises_/

Dec 14 2006

CTSpace dissected

Yesterday’s announcement of a merger of BuildOnline and Citadon to form CTSpace (see earlier post) presents a positive view of the past history of the two firms, so it is worth analysing some of the background. Let’s start with BuildOnline. BuildOnline backstory BuildOnline was actually originally founded in Ireland and set out to become an e-marketplace …

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Permanent link to this article: http://extranetevolution.com/2006/12/ctspace_dissect/

Dec 14 2006

BuildOnline + Citadon = CTSpace

UK collaboration vendor BuildOnline is to merge with US-based vendor Citadon (see news release). The new business will trade as CTSpace. The move was confirmed late yesterday after several weeks of UK industry rumours (see 14 November BuildOnline and Koral, for example), and a succession of BO management changes over the past year or so, culminating in the …

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Permanent link to this article: http://extranetevolution.com/2006/12/buildonline_cit/

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