JMI Equity Fund Invests $5 Million in Eloqua Corporation

"Eloqua Corporation, the leading supplier of automated demand-generation technology and services, announced that the company has closed $5 million in venture funding from JMI Equity Fund. JMI singled out Eloqua Corporation for its first-mover advantage providing an integrated demand-generation platform for business-to-business marketers. Eloqua's on-demand software solutions generate a continuous flow of qualified sales leads for its many customers. The company will use its first-ever venture funding to broaden its sales and marketing reach, both in North America and internationally, and will accelerate growth of its award-winning demand-generation platform, the Eloqua Conversion Suite(TM). "

[CanadaIT.com]