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Diligent Finally Completes Series D Round

Tuesday, August 21, 2007 5:00:00 AM PDT | VentureDeal Staff

FRAMINGHAM, MA -- Data protection company Diligent Technologies Corporation announced that it has closed its fourth round of venture capital funding, receiving $10.5 million in expansion investment.

Diligent provides enterprise-class disk-based data protection systems.  In addition, the company offers data de-duplication technology.  Its products and services are available through its reseller and partner channels.

Investors in the round were lead Eastward Capital and previous investors Matrix Partners, Accel Partners and Gemini Israel Funds.

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