XAware lands $7.4 million investment round
XAware, an open-source data integration developer, announced Tuesday that it raised a $7.4 million third round of funding.
That translates into a total of $26.4 million to date in venture funding for XAware, which develops open-source software tools and components designed to reduce complexities in accessing and integrating data from a variety of sources.
VSpring Capital, an existing investor, led the third round, which included contributions from hedge fund GMT Capital and existing investors Sequel Ventures, ITU Ventures, and BMJP. Back in 2002, ITU Ventures led XAware's first round of funding, which raised $2.1 million.
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