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Accellion Raises $12M For Enterprise File Sharing

Palo Alto-based Accellion has raised $12M in a Series 3 round of funding, the firm said this morning. The round came from private equity firm Riverwood Capital. Accellion is a provider of cloud-based, file sharing and collaboration service aimed at the corporate and government market. The firm is also backed by Baring Private Equity Partners Asia. The firm said the funds will go towards growth, development of its products, strategic partnership, and international efforts. More information »



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