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UnboundID Nets $2 Million Series A Funding

Tuesday, January 20, 2009 5:38:00 AM PDT | VentureDeal Staff

Austin, Texas  --  Software company UnboundID Corporation has secured $2 million in its first round of institutional venture capital financing.

UnboundID develops and sells identity management software for service providers and large enterprises of all types.

Silverton Partners led the round to which included other undisclosed investors. The company said it would use the funding proceeds for additional product development and market expansion.

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