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Westborough’s Exagrid raises $16 Million in a Series E round of equity financing December 22, 2009

Posted by HubTechInsider in Hardware, Startups, Venture Capital.
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Westborough’s Exagrid, a provider of disk-based backup storage equipment and deduplication software, has announced it has raised $16 Million in a Series E round of equity financing led by a group of institutional investors including Highland Capital Partners, Sigma Partners, Tenaya Capital, and Investor Growth Capital.

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Boston’s Artfact, an Online live auction marketplace, raises $13 Million December 22, 2009

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Boston’s Artfact, an Online live auction marketplace, has announced it has raised $13 Million from a group of investors including Commonwealth Capital Ventures and Ascent Venture Partners.

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Worcester’s Micro Networks is acquired by Fairview, PA’s Spectrum Control Inc. for $13 Million December 22, 2009

Posted by HubTechInsider in Acquisitions, Defense Contracts, Military Contracts, Startups.
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Worcester’s Micro Networks, a supplier of data conversion and custom flight modules for weapons and flight control systems, has been acquired by Fairview, PA’s Spectrum Control Inc., a provider of consulting, diagnostic testing and design services, for $13 Million.

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