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.
Copyright © 2012 AltAssets