April 6, 2009
Sepaton Lands $15M Investment
By Matthew L. Brown
Marlborough-based Sepaton Inc. has pulled in $15.5 million in venture money in a round of funding led by a new investor in the company.
Focus Ventures led the round while the company's existing investors Jerusalem Venture Partners, Menlo Ventures, Valhalla Partners and HarbourVest Partners all participated. Jerusalem Venture Partners is the company's lead investor. The $15.5 million represents its "series F" round of investment.
The computer data protection software company said it intends to use the money to position itself for growth.
WBJ Web Partners
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