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CollabNet raises $9.5 million in funding

Participants in the investment round include Benchmark, Industry Ventures, Intel and WR Hambrecht.

CollabNet, a company whose site is used to host open-source and proprietary collaborative programming projects, said Tuesday it raised $9.5 million in new funding.

Participants in the series B1 investment round were Benchmark, Industry Ventures, Intel, Norwest Venture Partners and WR Hambrecht, the San Francisco-based company said.