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Short Take: SilverStream gets $15 million in financing

Development tool startup SilverStream said it has secured $15 million in a third round of financing. The company, which plans to begin selling Java-based application development and deployment tools this year, has secured $23 million in financing to date. The company's management team is comprised of executives formerly with Sybase, Lotus Development, and Watermark.

Development tool startup SilverStream said it has secured $15 million in a third round of financing. The company, which plans to begin selling Java-based application development and deployment tools this year, has secured $23 million in financing to date. The company's management team is comprised of executives formerly with Sybase, Lotus Development, and Watermark.