Tech Tidbits: Black Duck, Care.com, and TwinStrata Raise Funds
Some sizable tech company financings announced in the past day or so. These are mid-stage or growth-stage companies, not early-stage startups:
TwinStrata, a Natick, MA-based data storage and backup company, closed its Series B round at $8 million, led by Avalon Ventures. Xconomy reported on this round in progress back in August. TwinStrata is led by CEO Nicos Vekiarides. It has the distinction of being one of Bostons 10 boring tech companies that are actually interesting, a list I compiled last March.
Black Duck Software, the Waltham, MA-based open source software development company, has raised $12 million led by new investor Split Rock Partners. Its existing investors include General Catalyst Partners, Volition Capital, Flagship... [via Xconomy]
