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Aveksa Accepts $12 Million Series B Financing

Thursday, January 24, 2008 5:58:00 AM PDT | VentureDeal Staff

WALTHAM, MA -- Software company Aveksa, Inc. said that it has secured $12 million in its second round of funding.

Aveksa provides enterprises with security solutions that help to automate the critical areas of IT operations such as access governance, risk and compliance management and regulatory demands.

Investors were lead by FTVentures, and included Pequot Ventures and Charles River Ventures.  The company will use the proceeds to expand its sales and marketing efforts and scale its support and development operations.

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