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InStranet grabs $14.7 million

InStranet said Thursday that it had raised $14.7 million in a third round of funding. Investors included Benchmark Capital and U.S. investor Donald L. Lucas. The New York-based company has raised a total of $23 million and received a 43 percent increase in valuation with this latest round, according to a representative. InStranet develops software designed to enable companies and their customers to organize and securely share information over the Internet without the use of attachments or faxes. See complete list.

InStranet said Thursday that it had raised $14.7 million in a third round of funding. Investors included Benchmark Capital and U.S. investor Donald L. Lucas. The New York-based company has raised a total of $23 million and received a 43 percent increase in valuation with this latest round, according to a representative. InStranet develops software designed to enable companies and their customers to organize and securely share information over the Internet without the use of attachments or faxes.

See complete list.