Trendium said Wednesday it closed a $25 million second round of funding led by Mellon Ventures. Other investors included Vertex Management, Crossbow Ventures, GKM Venture Partners, and previous investors M/C Venture Partners and Trinity Ventures. Trendium has raised a total of $38.5 million and plans to use the latest funding to further its expansion in the telecommunications software market. The Sunrise, Fla.-based company is targeting its ServicePath software to network and content service providers, which use the software to manage broadband services.
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