Acta Technology said Wednesday that it raised a $25 million fifth round of funding, led by Investcorp. J. & W. Seligman & Co., and previous investors Greylock Investments, Norwest Venture Partners and U.S. Venture Partners also participated in the round.
Mountain View, Calif.-based Acta has raised a total of $87 million. Acta's software is designed to allow companies to share data internally or externally via a standard technology format.
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