Wednesday, April 25, 2007

Allegiance Adds $5.7M

South Jordan, Utah-based Allegiance said Wednesday that it has raised $5.7M in a venture capital funding, led by Allegis Capital. The firm, which develops feedback management products for the enterprise, said that TPP Capital Advisors and Nippon Venture Capital also participated in the funding. Spencer Tall of Allegis joins the firm's board of directors as part of the funding, along with Nobutaka Mutaguchi of TPP Capital Advisors, Todd Rowe, VP of worldwide mid-market business at Business Objects, and Tyler Smith, a former vice president at Altiris. More information »