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Naviant raises $15 million

Online database marketing company Naviant received a $15 million third round of funding, led by Softbank Capital Partners. The Newtown Square, Pa.-based company received a $14 million investment from Softbank, which now holds a majority stake in the company, and a $1 million investment from TL Ventures. Naviant, which raised a total of $135 million, received a decrease in valuation with its latest round. The company's software has logged product registrations for 36 million online households, said a company spokeswoman. See complete list.

Dawn Kawamoto Former Staff writer, CNET News
Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.
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Dawn Kawamoto
Online database marketing company Naviant received a $15 million third round of funding, led by Softbank Capital Partners. The Newtown Square, Pa.-based company received a $14 million investment from Softbank, which now holds a majority stake in the company, and a $1 million investment from TL Ventures.

Naviant, which raised a total of $135 million, received a decrease in valuation with its latest round. The company's software has logged product registrations for 36 million online households, said a company spokeswoman.

See complete list.