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Act-On resists Silicon Valley’s call, lands $4 million in venture capital anyway

November 13, 2010 /

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Bear Paw Development Corporation is a private non-profit organization created for the purpose of administering programs to help improve regional economic conditions in Hill, Blaine, Liberty, Chouteau and Phillips Counties and the Fort Belknap and Rocky Boy's Indian Reservations.

Raghu Raghavan had been through the drill before — starting an Oregon company and watching it leave town after Bay Area venture capitalists lured it south.

This time, Raghavan was having none of it.

"Who are these guys to tell me that I should only succeed down there?" asks Raghavan, Act-On’s http://www.actonsoftware.com/ founder and CEO. "It’s ridiculous to think you can’t succeed in Oregon."

Mike Rogoway, The Oregonian

Full Story: http://blog.oregonlive.com/siliconforest/2010/11/act-on_resists_silicon_valleys.html