X

PAR3 Communications wins $15 million

PAR3 Communications has raised $15 million in a third round of funding led by InterWest Partners, the company announced Monday. Also participating in the round were previous investors Nokia Venture Partners and Draper Fisher Jurvetson. The Seattle-based PAR3 Communications specializes in event notification, which allows companies to tap into their existing customer-relationship management information and send customers time-sensitive information via telephone, e-mail, pager, fax or wireless devices. The company, which has raised a total of $32.7 million, plans to use the money to expand marketing and sales efforts.