Deal Announcements

Accellion Adds $12 Million VC Financing

Tuesday, December 27, 2011 5:39:00 AM PDT | VentureDeal Staff

   Palo Alto, California  --  File sharing technology company Accellion has received $12.15 million in new venture capital investment, according to an SEC regulatory filing.

Accellion provides secure file sharing solutions that it says are easy to use for employees while delivering a high level of security.

Investors in the financing were not disclosed, nor was how the company intends to use the proceeds.

Accellion is still seeking an additional $527,000 in financing, according to the filing.

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PCI - Level1