Customized App Extends CRM System to Field Reps With Highly Specific Capabilities That Boost Overall Productivity of Sales Staff WALTHAM, MA–(Marketwired – Apr 7, 2015) – Verivo Software, the industry’s… Read more »
The Daily Startup: U.S. Venture Investment Falls in First Quarter
U.S. venture capital investment has fallen for three straight quarters and is now at the lowest level since the third quarter of 2010, reflecting the slow pace of venture fundraising and exits. First-quarter data from Dow Jones VentureSource also show that business services are in, while seed-stage investing is falling out of favor. Semiconductor investment is barely registering. Investors committed $6.36 billion in 752 financings for U.S.-based companies in the first quarter of this year, according to data from VentureSource, which is owned by Venture Capital Dispatch publisher Dow Jones.
Verivo Software has raised $4 million in new funding from its prior backers to help developers build mobile business apps. Verivo’s software is built for customers building enterprise applications, which need features that most consumer applications don’t, including data integration and security. Verivo is one of several startups that are raising more money for tools to help businesses build apps, now that corporations are becoming big buyers of iPads.