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Clustra gets $19 million

Database maker Clustra Systems has received a $19 million second round of funding. Clarity Capital and Mustang Ventures served as lead investors and were joined by VantagePoint Venture Partners and Telesystem-Argo Global Capital. Both VantagePoint and Telesystem-Argo participated in the $10 million first round, bringing the Oakland, Calif.-based company's total investment to $29 million. Clustra sells databases to companies with customers who need constant access to information, such as phone companies or ATM-machine companies. Clustra plans to use some of the funds to develop database software that programmers can use in Net appliances.

Dawn Kawamoto Former Staff writer, CNET News
Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.
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Database maker has received a $19 million second round of funding. Clarity Capital and Mustang Ventures served as lead investors and were joined by VantagePoint Venture Partners and Telesystem-Argo Global Capital. Both VantagePoint and Telesystem-Argo participated in the $10 million first round, bringing the Oakland, Calif.-based company's total investment to $29 million. Clustra sells databases to companies with customers who need constant access to information, such as phone companies or ATM-machine companies. Clustra plans to use some of the funds to develop database software that programmers can use in Net appliances.