Version: 2008

July 2, 2001 2:20 PM PDT

UpShot picks up $17 million

UpShot said Monday that it has received $17 million in a fifth round of funding. ABN AMRO, Advanced Technology Ventures, Alloy Ventures and New England Partners were investors in the round. An ABN AMRO representative will sit on UpShot's board of directors. The Mountain View, Calif.-based company has raised a total of $59 million. UpShot's software is designed to help sales teams manage information such as allowing a vice president of sales to monitor progress of his or her company against forecasts in real time, as well as letting telemarketing representatives pass on leads to sales staff members when they open their browsers.

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