Act-On Software announced $10 million in venture backing, after raising $4 million last fall in an investment led by US Venture Partners and Voyager Capital.
Today's investment is led by Trinity Ventures, a Silicon Valley firm that led an $8 million round last week at Portland-based ShopIgniter.
"Portland is starting to get the respect it has long deserved from the investment community," CEO Raghu Raghavan said. "It's not held against us anymore that we're in Portland."
Read more at OregonLive.com.
Read an Oregon Business profile about Raghu Raghavan keeping Act-On local.