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Scott Sandell

Passes on Vignette


Sandell passes on Vignette after he and the CEO take turns missing meetings. The publishing workflow software provider gets $3.5 million from Austin Ventures, Sigma Partners and CNET in the seed round, $10 million from Adobe Ventures L.P., Attractor Investment Management, and Charles River Ventures in the second round, and $14.3 million in the third round from Goldman Sachs private investment funds, Hambrecht & Quist, and Amerindo.