Norkom, the Dublin-based provider of electronic customer relations management solutions, has completed a private placement raising $17 million (#21 million). The company's largest financing to date is likely to be the last before it makes an initial public offering on the Nasdaq. It represents a sale to investors of new shares equal to just under 8 per cent of the company. The funds were raised from Norkom's existing shareholder base through Goodbody Stockbrokers.