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CAMBRIDGE, Mass., Oct. 1, ENDECA, a provider of
software solutions for companies that need to integrate,
organize and navigate enterprise data, completed a $15
million second round of funding. The company will use
the new funding from Ampersand Ventures, Bessemer Venture
Partners and Venrock Associates to fuel product development,
and expand the company's sales and marketing initiatives.
BELMONT,
Oct. 1, FireSpout, Inc., a provider of content
management solutions, closed a Series B financing round
totaling $5 million from lead investor, Boston CommonAngels,
and several private investors. FireSpout will use the
funds to expand sales and marketing, extend partner networks,
and broaden technology development efforts.
WOBURN,
Oct. 2, Cerylion, Inc., a developer of mobile network
applications, secured $5 million in series B convertible
preferred funding. The investment was led by Boston-based
Chestnut Partners. Cerylion will use the funding to continue
development of its wireless offering and to expand the
company's sales efforts.
CAMBRIDGE,
Oct. 3, Altus raised $35 million in private financing
to advance the company's Crystalomics products, which
are based on the crystalline solid state of proteins and
peptides. Nomura International plc and U.S. Venture Partners
served as lead investors, with additional participation
from BankInvest and Clariden Bank among others.
BOSTON,
Oct. 5, College Publisher, a provider of publishing
technologies and marketing services aimed at reaching
college students and recent graduates, secured $8.5 million
in second round funding. Lead investors included Venture
Capital Fund of New England (VCFNE) and Advanced Technology
Ventures. Masthead Venture Partners as well as a group
of private investors also participated in the round.
WOBURN, Oct. 8, Acme Packet, an emerging company
building a carrier-class solution for network service
providers, raised $16 million of second round funding
led by Menlo Ventures and including Canaan Partners. The
capital will be used for the continued development, marketing
and sales of Acme's products and services.
BURLINGTON,
Oct. 9, NTRU, a provider of security solutions
for consumer devices and applications, secured $26.1 million
in Series B financing. Investor AB led the round, with
participation from Texas Instruments, Sony, Macrovision,
Lehman Brothers Venture Capital, Greylock, Granite Ventures
and 3i. The company has raised over $38 million.
MARLBOROUGH, Oct. 10, Cetek Corporation closed
on a $14 million private equity financing to discover
new natural product drug candidates using its patented
capillary electrophoresis (CE) screening technology. Investors
included Stata Ventures Partners, John and Stephen Davis,
Gainesborough Investments, and James L. Waters.
BEVERLY, Oct. 10, Microsoft and Groove Networks Inc.,
a provider of decentralized software for secure business
collaboration, announced a strategic relationship designed
to advance the delivery of Web and peer services to businesses.
As part of the relationship, Microsoft has invested approximately
$51 million in Groove Networks, resulting in a minority
equity stake. Previous investors, including Accel Partners,
also participated in Groove Networks' $54 million financing.
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