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HolidayBuyer's Guide
Tech Industry

Short Take: Agillion gets $40 million in funding

Agillion, a Web-based services company targeting small- and mid-sized companies, has received more than $40 million in first-round financing. Investors in the start-up include investment banks Goldman Sachs, Morgan Stanley, Hambrecht & Quist; venture capitalists Integral Capital Partners and MSD Capital; and network equipment giant Cisco Systems. Agillion, which provides online tools for shared contact information, also named its advisory board and signed a deal with Usa.net to offer Web-based email.

Agillion, a Web-based services company targeting small- and mid-sized companies, has received more than $40 million in first-round financing. Investors in the start-up include investment banks Goldman Sachs, Morgan Stanley, Hambrecht & Quist; venture capitalists Integral Capital Partners and MSD Capital; and network equipment giant Cisco Systems. Agillion, which provides online tools for shared contact information, also named its advisory board and signed a deal with Usa.net to offer Web-based email.