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Sangate Systems raises $10 million

Sangate Systems said it raised a $10 million second round of funding from Jerusalem Venture and Battery Ventures. Southborough, Mass.-based Sangate, which has raised a total of $18 million, will use the proceeds to speed along the development of its storage appliance. The hardware and software device is designed to allow companies to perform such tasks as temporarily backing up information via remote locations to transferring data using any company's storage subsystem. See complete list.

Sangate Systems said it raised a $10 million second round of funding from Jerusalem Venture and Battery Ventures. Southborough, Mass.-based Sangate, which has raised a total of $18 million, will use the proceeds to speed along the development of its storage appliance. The hardware and software device is designed to allow companies to perform such tasks as temporarily backing up information via remote locations to transferring data using any company's storage subsystem.

See complete list.