Channelinsight Closes on $10M Series C

Channelinsight, a provider of channel sales management products, has closed on $10 million in Series C financing, bringing its total raised to $21 million. Rho Ventures led the round, with participation from Sevin Rosen Funds, Sequel Venture Partners and Vendanta Capital. The company will use the new money for continued product development and expansion of its sales and marketing. Channelinsight is based in Denver.

North AmericaUSBriefs