Baynote Brings in $13M

Baynote, a San Jose, CA-based maker of Web-based software for digital marketing and e-commerce applications, announced it has wrapped up a $13 million Series C financing, led by SingTel Innov8, the corporate venture arm of Asian telecommunications company SingTel Group. Previous Baynote investors Hummer Winblad, Steamboat Ventures and JK&B Capital returned for the funding round, which will go to expanding the worldwide customer base.  The firm also announced that it added former SAP executive Doug Merritt as president and CEO.

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