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Sphera picks up $15 million

Sphera said Thursday that it raised a $15 million second round of funding, led by TLcom Capital Partners and Jerusalem Venture Partners. Other investors included Gemini Israel Funds. Boston-based Sphera has raised a total of $28.5 million. The company develops software designed to manage and automate Web-hosting operations.

Dawn Kawamoto Former Staff writer, CNET News
Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.
Dawn Kawamoto
Sphera said Thursday that it raised a $15 million second round of funding, led by TLcom Capital Partners and Jerusalem Venture Partners. Other investors included Gemini Israel Funds. Boston-based Sphera has raised a total of $28.5 million. The company develops software designed to manage and automate Web-hosting operations.