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BlueStripe Sees $8 Million New Venture Capital

Wednesday, April 22, 2009 5:38:00 AM PDT | VentureDeal Staff

Morrisville, North Carolina  --  Software company BlueStripe Software has landed an $8 million institutional venture capital financing round.

BlueStripe helps enterprise IT departments understand how and why their applications behave as they do in the physical or virtual environment.

Valhalla Partners led the round, which also included Trinity Ventures. The company said it would use the financing to continue product development and enhance its sales and marketing initiatives.

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