Website Audience Retention Firm SeeWhy Raises $4.5 Million

Authored by Mark Hefflinger on May 6, 2009 - 7:31am.

Andover, Mass. - SeeWhy, a provider of software that helps retain website audiences, announced on Wednesday that it has raised $4.5 million in a venture capital deal.

Participating investors include Scottish Enterprise, Scotland's main economic and investment agency; as well as existing SeeWhy investors Logispring, Pentech Ventures and Delta Partners.

In connection with the Scottish Enterprise investment, SeeWhy has opened a software delivery and R&D center in Edinburgh.

In addition, the company named Scott G. Silk as its CEO and Lou McNemany as its vice president of sales.

http://www.seewhy.com