FineGround Networks gets $16 million

FineGround Networks has raised more than $16 million in its second round of funding. Investors in the round included Worldview Partners and New Enterprise Associates. Campbell, Calif.-based FineGround has raised a total of $21.3 million, and its valuation has increased by 400 percent in the latest round, according to a company spokeswoman. The company has developed software designed to resend just the new online information on a Web site, without requiring people to reload the entire page. FineGround's software focuses on helping its customers provide content that loads quickly. See complete list.

Dawn Kawamoto Former Staff writer, CNET News

Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.

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Dawn Kawamoto

Jan. 2, 2002 4:43 p.m. PT

FineGround Networks has raised more than $16 million in its second round of funding. Investors in the round included Worldview Partners and New Enterprise Associates.

Campbell, Calif.-based FineGround has raised a total of $21.3 million, and its valuation has increased by 400 percent in the latest round, according to a company spokeswoman. The company has developed software designed to resend just the new online information on a Web site, without requiring people to reload the entire page. FineGround's software focuses on helping its customers provide content that loads quickly.

See complete list.