BSG Alliance Raises Second Round

BSG Alliance Corp., an Austin, Texas-based provider of on-demand enterprise software, has raised nearly $43 million in Series B funding led by Oak Investment Partners, according to a regulatory filing. The company had previously raised $20 million from Foundation Capital, Hummer Winblad Venture Partners and Powershift Ventures. BSG also has made five acquisitions, the most recent of which was Iconixx Corp.