"The flavor of the month is "on demand" -- and the funding activity lately is at alarming levels. Web 2.0, you are being eclipsed!
The latest is San Mateo's SuccessFactors, which raised $45 million, a whopper of a round, and which made us decide to write this post. The software helps companies manage their human resource issues, such as compensation and career development. Granite Global Ventures led the $25 million equity component, while Lighthouse Capital contributed $20 million in debt. It is a five-year-old company."