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Software company brings in $7 million

Dawn Kawamoto Former Staff writer, CNET News
Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.
Dawn Kawamoto
ManageStar announced Wednesday that it raised $7 million in a third round of funding, led by Foundation Capital. Charter Venture Capital and Dominion Ventures also participated in the round. The Walnut Creek, Calif.-based company has raised a total of $21 million in funding. ManageStar develops automation software designed to help departments within a company track work flow and progress of projects.