Online marketing startup buuteeq, which we covered briefly some time back, has just announced having raised another $10 million in funding. The funding round, led by Madrona Venture Group and by Concur, brings buuteeq’s total capital raised to some $17 million thus far. Along with this news, the startup also announced the addition of Concur CEO, Steve Singh and Madrona Partner, and Tim Porter to the company’s board of directors.
When I saw that TechCrunch had announced Russian travel startup OneTwoTrip’s recent $9 million funding round, I have to admit I was skeptical. For one thing, even though the Russian Federation has some of the world’s best programmers and developers, in general web entities from there generally suck. And pretty bad too.