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SAMEDAY.COM RAISES $20 MILLION IN EQUITY FINANCING

SAMEDAY.COM RAISES $20 MILLION IN EQUITY FINANCING

   Sameday.com, the developer of product distribution software, has raised $20 million in its third round of equity financing.

   Investors include TH Lee Putnam Internet Partners, the IGNITE Group, Accel Partners and idealab!.

   Sameday said it will use the funds to broaden the deployment of its technology across partners, fund ongoing software development and enhance supply chain services.

   “In this round, we’ve lined up logistics industry leaders as well as investors who represent high-tech manufacturers who use our technology and services,” said Alex Nesbitt, president of Sameday.com.