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Short Take: Niku secures $20 million

Internet software start-up Niku said it has secured $20 million in a second round of funding with venture capital firm J.H. Whitney and Venrock Associates. J.H. Whitney an investor in the internet and communications industries with recent investments in MediaMetrix and US Internetworking.

Internet software start-up Niku said it has secured $20 million in a second round of funding with venture capital firm J.H. Whitney and Venrock Associates. J.H. Whitney an investor in the internet and communications industries with recent investments in MediaMetrix and US Internetworking.