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Mimecast Raises Series C Venture Capital Investment

Friday, September 28, 2012 5:33:00 AM PDT | VentureDeal

   Waltham, Massachusetts  --  Software technology developer Mimecast has secured $62 million in its third institutional venture capital investment round.

Mimecast has developed an online platform that improves the way companies manage communications and data.

Insight Venture Partners led the round, which also included Dawn Capital.

The company said it would use the funding proceeds for rapid expansion and acceleration of development.

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