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Short Take: BroadJump to get $20 million in funding

BroadJump, a broadband software start-up founded primarily by former employees of Cisco Systems, NetSpeed and Tivoli Systems, will announce $20 million in second-round funding next week, according to company executives. Accel Partners and Pacific Capital Group Ventures, the investment arm of Global Crossing, joined first-round stakeholders Austin Ventures and Techxas Ventures as investors. BroadJump manufactures client and server software. aimed at easing the installation, provisioning, and customer management processes for high-speed Internet access providers.

BroadJump, a broadband software start-up founded primarily by former employees of Cisco Systems, NetSpeed and Tivoli Systems, will announce $20 million in second-round funding next week, according to company executives. Accel Partners and Pacific Capital Group Ventures, the investment arm of Global Crossing, joined first-round stakeholders Austin Ventures and Techxas Ventures as investors. BroadJump manufactures client and server software. aimed at easing the installation, provisioning, and customer management processes for high-speed Internet access providers.