XAware receives $7.4 million in venture funding
Published January 29, 2008 by CSBJ Staff
XAware Inc. has completed a $7.4 million round of venture funding. The additional capital will enable the company to continue the growth of its open source business model.
The round was led by vSpring Capital. Firms participating included new investor GMT Capital, a $3.5 billion hedge fund based in Atlanta, and existing investors vSpring Capital, Sequel Ventures, ITU Ventures and BMJP LLC.
Katie Poplin also has joined XAware as senior director of community development and marketing in XAware’s Atlanta office. She most recently worked at Red Hat and JBoss.
Filed under Banking and Finance, CSBJ Daily