Complex sentence: The firm achieved profitability in the fourth quarter of 2003 and closed its first round of venture funding and went on to secure $41 million in venture capital by October 2007, with its Series C funding led by Bessemer Venture Partners.
Split into simpler sentences: The firm achieved profitability in the fourth quarter of 2003 and closed its first round of venture funding. The company secured $41 million in additional venture capital by October 2007, with its Series C funding led by Bessemer Venture Partners.