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Software firm Xtime gets $2.6 million

Xtime has received an additional $2.6 million from existing investors for its second round, which previously stood at $17 million. Innovacom, a venture capital subsidiary of France Telecom, led the round, which included investments from Venrock Associates, Draper Fisher Jurvetson, Rosewood Venture Group and Fenwick and West. San Mateo, Calif.-based Xtime has developed inventory management and automation software for the services industry. With this latest financing, the company has raised a total of $20 million. See complete list.

By May 30, 2001