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Chutney Tech gets $7.5 million round

Chutney Technologies has received a $7.5 million second round of funding led by Live Oak Seed Capital. The Atlanta-based company also received investments from Ravenswood Capital Partners and previous investor Live Oak Equity Partners. Chutney has raised a total of $11.3 million and received an increase in valuation with this latest round. The company develops software designed to allow e-commerce Web sites to increase their volume of customers without necessarily adding more servers. See complete list.

Dawn Kawamoto Former Staff writer, CNET News
Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.
Dawn Kawamoto
Chutney Technologies has received a $7.5 million second round of funding led by Live Oak Seed Capital. The Atlanta-based company also received investments from Ravenswood Capital Partners and previous investor Live Oak Equity Partners. Chutney has raised a total of $11.3 million and received an increase in valuation with this latest round. The company develops software designed to allow e-commerce Web sites to increase their volume of customers without necessarily adding more servers.

See complete list.