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GOLDMAN PUTS $40M INTO SUGAR Featured

SugardCRMGoldman Sachs has made invested $40 million in SugarCRM. The equity investment was accompanied by the announcement that Goldman VP Antoine Munfa, a vice president at Goldman Sachs, was named to Sugar's board of directors.

The open source software company said the funds would be used to "further expand its global reach". Does this mean any channel development? That area has been very quiet in the last few months.

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