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Ripple gets $4.5 million

Ripple Technologies announced a $4.5 million second round of funding on Tuesday. Ripple, which monitors the performance of networks and systems for corporate customers, received its funding from NewSpring Ventures, Edison Venture Fund, Eastern Technology Fund and Wynnefield Private Equity. A partner from NewSpring and a managing director from Eastern Technology will join Ripple's board. This latest round brings the Washington Crossing, Pa.-based company's total funding to $7.5 million. See complete list.

Dawn Kawamoto Former Staff writer, CNET News
Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.
Dawn Kawamoto
Ripple Technologies announced a $4.5 million second round of funding on Tuesday. Ripple, which monitors the performance of networks and systems for corporate customers, received its funding from NewSpring Ventures, Edison Venture Fund, Eastern Technology Fund and Wynnefield Private Equity. A partner from NewSpring and a managing director from Eastern Technology will join Ripple's board. This latest round brings the Washington Crossing, Pa.-based company's total funding to $7.5 million.

See complete list.