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Inxight Software announced Monday that it raised a $22 million fourth round of funding, led by VantagePoint Venture Partners. New investor Reed Elsevier and previous investors Dresdner Kleinwort Wasserstein and Deutsche Bank contributed to the round. Inxight also announced that representatives from VantagePoint and Dresdner will join the company's board. Sunnyvale, Calif.-based Inxight has raised a total of $50 million. The company develops software that allows corporations to organize, analyze and deliver information from e-mail, Microsoft Office and other nondatabase sources.
Overture Networks announced Monday it received a $15 million second round of funding, led by Morgenthaler Ventures. Armada Ventures, Intersouth Partners and previous investor Gray Ventures also participated in the round. The Research Triangle Park, N.C.-based company has now raised a total of $18 million. Overture Networks supplies networking equipment to telecommunications carriers to enable them to offer services over metropolitan Ethernet/IP (Internet Protocol) networks.
HyperRoll announced Thursday that it received a $12.5 million second round of funding, led by Sequoia Capital and Greylock. Vertex Venture Capital and previous investors Microdent Ventures and Denali Ventures also participated in the round. Santa Clara, Calif.-based HyperRoll has raised a total of $16 million. The company develops software designed to quickly aggregate data from a variety of database companies and increase the performance of applications.
Broadbus Technologies is expected to announce Monday it has raised more than $12 million in its first funding round. Battery Ventures and Charles River Ventures led the round, with Comcast Interactive Capital, Wolf Ventures and other private investors participating. Representatives from Battery and Charles River will join the company's board. Boxborough, Mass.-based Broadbus produces video-on-demand server systems for the cable television industry.
E5 Systems announced Monday it raised a $10 million first round of funding. Bain Capital led the round, and G-51 participated. Waltham, Mass.-based E5 Systems provides services to maximize corporations' use of software applications and reduce their maintenance costs.
Xaware announced Thursday it received a $2.1 million first round of funding, led by ITU Ventures. Other investors included Gefinor Ventures, company Chief Executive Bill Miller and former Sun Microsystems executive Janpieter Scheerder. The Colorado Springs, Colo.-based Xaware develops software tools and components designed to reduce the complexities of accessing and integrating data from different sources.