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HolidayBuyer's Guide
Tech Industry

Short Take: Borland raises $25 million

Borland International has closed the first round of a privately placed equity financing, raising approximately $25 million, and may call for a second round of financing of $25 million. The proceeds will go towards developing and acquiring new technologies and taking advantage of market opportunities, executives said.

Borland International has closed the first round of a privately placed equity financing, raising approximately $25 million, and may call for a second round of financing of $25 million. The proceeds will go towards developing and acquiring new technologies and taking advantage of market opportunities, executives said.