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Profit Management and Optimization Software Company Acorn Systems Raises $9 Million in Expansion Round; Company Will Use Funding to Quickly Gain Share in Financial Services, Distribution, Consumer Packaged Goods and Energy Industries.

Publication: PR Newswire
Publication Date: 09-MAY-03
Format: Online
Delivery: Immediate Online Access

Article Excerpt
HOUSTON -- HOUSTON, May 9 /PRNewswire/ -- Acorn Systems, a leader in the fast growing Profit Management and Optimization market, today announced it has raised $9 million in funding from new investors in an expansion round. This funding comes at a time when venture funding of software companies is at a five year low and follows the company's most successful quarter, in which...

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