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Infoglide banks $4.2 million

Infoglide Software on Thursday said it has raised a $4.2 million fifth round of funding from previous investors Conning Capital Partners, Intersouth Partners, MMC Capital and Sanchez Capital Partners. The Austin, Texas-based company has raised a total of $25.8 million. Infoglide develops software to analyze and investigate data stored in multiple and disparate remote databases. The software is used for employee background checks and to track insurance and financial fraud, false aliases and identity theft.