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India’s Sensible Softwares in talks with Sequoia for Series A funding

10 May 2012

Sensible Softwares, an Indian developer of software-as-a-service (SaaS) application lifecycle management platform BootStrapToday, is in talks to raise Series A funding from a handful of venture capital funds including Sequoia Capital.

Founded in 2009 and based in Pune, the 12-strong employee company is looking to raise $2m in an effort to more than double its customer base to over 2,000 users by March next year, Deal Curry reported on Thursday.

BootStrapToday targets SMEs looking to introduce SaaS-based pay-per-use applications to manage their internal software application project management requirements. It also offers an on-premise service for bigger businesses.

Sensible Softwares received $250,000 in angel funding from an undisclosed consortium of investors last year, the report said.

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