ProfitLogic said Monday that it has received $20 million in a third round of funding led by Battery Ventures and JPMorgan Partners, both of which will receive seats on the company's board. 
Previous investors Bain Capital, General Catalyst and Athena Technology Ventures also participated in this latest round. Cambridge, Mass.-based ProfitLogic has raised a total of $38 million. The company develops software designed to enable retailers to analyze their merchandising process.
Facebook wants to show it's a force for good amid scandals: The social network updates its tools for blood donations, nonprofits and mentorships.
Everything you need to know about the Qualcomm-FTC lawsuit: The antitrust case could decide how smartphones get made in the future -- and what they cost.
Discuss: ProfitLogic picks up $20 million
Be respectful, keep it civil and stay on topic. We delete comments that violate our policy, which we encourage you to read. Discussion threads can be closed at any time at our discretion.