Digital Fuel Receives $20 Million Investment

Digital Fuel Receives $20 Million Investment

Digital Fuel Technologies Inc., a provider of governance software for outsourced IT and business services, has raised $20 million in fourth-round funding. Apax Partners led the deal, and was joined by return backers Benchmark Capital, Israel Seed Partners and Sigma Partners. The company has raised over $35 million in total VC funding since its 2000 inception.

Good list of customers - Procter & Gamble, General Electric, Siemens, CSC, O2, and Atos-Origin. CEO passed away earlier this year.